Sanford drops merger talks with Fairview - Bring Me The News

Sanford drops merger talks with Fairview


Sanford Health says it has pulled out of talks about a possible partnership with Fairview Health Services.

MPR is among those reporting on Sanford's announcement that it is withdrawing from merger discussions. CEO Kelly Krabbenhoft writes in the company's statement that Sanford "has a philosophical policy of 'only going where we are invited.'" He adds that the merger discussions with Fairview have led to a situation in which some interested parties regard Sanford as unwelcome.

Fairview owns the University of Minnesota's teaching hospital. Minnesota Attorney General Lori Swanson is among those who have raised concerns about the U of M medical center being controlled by South Dakota-based Sanford Health. Swanson questioned Sanford executives at a Capitol hearing on the proposed merger Sunday.

Two bills introduced in the Minnesota legislature this week are aimed at preventing entities outside the state from taking control of the U of M's hospital.

The university has proposed its own acquisition of Fairview. As WCCO reports, Fairview's interim CEO expressed disappointment about the end of the Sanford talks and said discussions with the university will also stop.

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