South Dakota-based Sanford Health may move forward in acquiring North Memorial Health next month after the hospital systems signed a 10-year oversight agreement with the Minnesota Attorney General’s Office.
As part of the agreement, Sanford committed to maintaining hospital and emergency services at North Memorial’s Robbinsdale hospital, which is the health system’s flagship safety net hospital, for the next decade. The 10-year agreement is far longer than Sanford’s initial commitment to maintain core services at Robbinsdale for only two years. The agreement also stipulates that North Memorial maintain its extensive emergency transportation services across the state for 10 years.
“We’ve talked about the financial concerns of the hospital. We now have a path forward,” said North Memorial CEO Trevor Sawallish, who spoke at a press conference Friday outside the Robbinsdale hospital alongside Minnesota Attorney General Keith Ellison and Sanford CEO Bill Gassen…