UnityPoint, Sanford credit consulting firm for suggesting merger

Des Moines, Iowa-based UnityPoint Health and Sioux Falls, S.D.-based Sanford Health said advice from a consulting organization influenced their decision to merge, according to the Times-Republican.

Advertisement

Sanford Health and UnityPoint Health signed a letter of intent June 27 to combine the two systems, which will operate 76 hospitals and outpatient and long-term care services across 26 states.

“Conversations began between UnityPoint Health and Sanford Health upon the introduction of an external consulting organization that has worked on strategic and operational priorities for both health systems,” UnityPoint Health officials told the Times-Republican.

Read more here

More articles on healthcare industry transactions:
5 hospitals, health systems investing in express care
WVU Health System adds 10th hospital
Boca Raton Regional merges with Baptist Health

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.