TITLE

Dakota deal

AUTHOR(S)
Robeznieks, Andis
PUB. DATE
August 2009
SOURCE
Modern Healthcare;8/24/2009, Vol. 39 Issue 34, p0022
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the possible merger between Sioux Falls, South Dakota-based Sanford Health and Fargo, North Dakota-based MeritCare Health System. The proposed merger is still under review by North Dakota attorney general Wayne Stenehjem, but Mark Johnston, Sanford vice president for corporate communications, said the deal is expected to close in 2010. A nonbinding letter of intent was signed by the two health care systems in July 2009 to create one organization that would have some $700 million in cash reserves.
ACCESSION #
44030920

 

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