The agreement comes after months of discussion, and all parties will work to finalize the details of the acquisition during the next several weeks. According to the report, the goal is for Mayo Clinic to assume operations of Fairview Red Wing Health by July 1.
According to the report, the three organizations began discussing the acquisition in the fall of 2011. More details will be released in the upcoming weeks.
More Articles on Minnesota Healthcare Acquisitions:
Ohio Valley Health Services May Affiliate With Community Health Systems
NYU Langone Medical Center, Continuum Health Partners Consider Merger
LifePoint Hospitals to Acquire Woods Memorial Hospital in Tennessee
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