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Avera Marshall Medical Center buys Minnesota hospital

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Avera Marshall (Minn.) Regional Medical Center finalized its acquisition of Granite Falls (Minn.) Health Jan. 1. 

Granite Falls Health consists of a 25-bed critical access hospital, a provider-based clinic, a 48-bed skilled nursing center, a home health department and an independent senior living community.

Under the agreement, Granite Falls Health employees will become Avera employees, and the facilities will be renamed. 

"After a thorough process, the Granite Falls Community Task Force and board of directors selected Avera as the best partner for cultural fit, preservation of services, experience in rural health care, success in physician recruitment and more," said Tom Kooiman, CEO of Granite Falls Health.

More articles on healthcare industry transactions:

Adventist Health to take over 20th California hospital
Tenet's $350M divestiture deal faces opposition
7 hospital mergers called off in 2019

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