Fairview Health Services news and information

MINNEAPOLIS—Sanford Health, a South Dakota health system on an acquisition streak, called off merger talks with Minneapolis-based Fairview Health Services after the deal met resistance from Minnesota officials. Sanford CEO Kelby Krabbenhoft said in a statement that the health system...
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Sanford Health, a South Dakota health system on an acquisition streak, called off merger talks with Minneapolis-based Fairview Health Services after the deal met resistance from Minnesota officials.
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Fairview Health Services, Minneapolis, has entered into merger talks with Sanford Health, a rapidly expanding South Dakota health system.
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Accretive Health settled the lawsuit that cost the billing and collection company clients and market capitalization, but the settlement has not ended the questions that the allegations raised about how hospitals and their contractors get patients to pay their bills.
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The cooling economy continued to put a drag on not-for-profit hospitals as spring turned to summer. Between April and June, the sector saw more rating volatility, and Moody's Investors Service downgraded more debt than it upgraded, according to a report released last week.
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Minnesota's attorney general filed a memorandum in federal court with new patient claims to support the state's lawsuit against Accretive Health.
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Uncertainty did not stop health systems from racing ahead with accountable care as the U.S. Supreme Court debated the law that launched Medicare's efforts to encourage the emerging model.
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Accretive Health would face new claims the company violated debt-collection and consumer-protection laws under a proposed amended complaint by Minnesota's attorney general.
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Mayo Clinic, Rochester, Minn., announced plans to acquire 50-bed Fairview Red Wing (Minn.) Health Services.
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