AG holds public hearing on possible Sanford-Fairview merger

Author:
Updated:
Original:

Minnesota Attorney General Lori Swanson has raised concerns about the possibility of South Dakota-based Sanford Health taking control of Fairview.

On Almanac Friday, Swanson said she will hold the first of several public hearings so residents, or Minnesota's shareholders, can weigh in on the proposed transaction.

(The Swanson interview begins at 17:57.)

Swanson says Fairview is a strong, century-old charitable institution in Minnesota that employs 2,000 and has a net worth of $1.2 billion.

"How do you protect those charitable assets for the people of Minnesota? Fairview wouldn't exist today without the generosity and goodwill of the people of Minnesota." Swanson says. "A charitable institution doesn't have shareholders. Their shareholders, if you will, are the people of Minnesota."

The Star Tribune reports T. Denny Sanford's background of selling last-ditch credit cards to consumers may be a major contributor to Swanson's objections. Sanford doesn't hold a position within the health system, but has contributed more than $600 million.

The University of Minnesota hospital, a world-class academic institution, is also part of Fairview.

Representatives from Fairview, Sanford and the university are expected to attend the hearing Sunday. It will take place at 1:30 p.m. in Room 15 of the State Capitol.

Next Up

dnr trout stocking helicopter

DNR uses a helicopter to more efficiently stock lakes with trout

In the past, the DNR used airplanes to stock remote lakes with fish, but the survival rate of the fish was only 85%.

steve simon zoom call

Secretary of State explains plans for segregated absentee ballots

Election officials are reminding voters that it's too late to mail in your absentee ballots.

Halloween, trick-or-treating

Osterholm on safe trick-or-treating: 'I would say go ahead with it'

The infectious disease expert's opinion doesn't align with the CDC's guidance.

drop and go ballot plymouth

It's too late to mail your ballot, but you can still vote. Here's how.

Voters can drop off their absentee ballot, vote early in-person or head to the polls on Election Day.

2019-12-11 f1rst Wrestling Hanukka Havok-Darin Kamnetz-154

Dusting itself off after virus blow, F1rst Wrestling returns to the ring this Sunday

Minnesota's premier independent wrestling company was on top of the world before the virus hit.

1024px-McD-McRib

McDonald's is bringing the McRib back in December

It hasn't appeared on menus for eight years.

Apple Valley High School

2 more Twin Cities districts moving to distance learning for grades 6-12

The decision was announced as infection rates in Dakota County rise.

covid-19 testing site sign

Here are the 4 free COVID-19 testing sites in MN for the week of Nov. 2

People don't need to have symptoms or insurance to get tested for free.

minnesota zoo

Minnesota Zoo launches activities to get people embracing nature

The zoo is hosting a pumpkin scavenger hunt and a "Do the Zoo, Not Zoom Day."

Related