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Intermountain Healthcare to merge with Sanford Health in 2021
Salt Lake City, Utah-based Intermountain Healthcare and Sanford Health, headquartered in Sioux Falls, South Dakota, have signed a letter of intent to merge. Combined, the two health systems will have 70 hospitals in Utah, South Dakota, North Dakota, Minnesota and Iowa.
The two health systems plan to bring their organizations together under one system to expand access to value-based care, they said in a statement. Intermountain Healthcare is an integrated not-for-profit health system that has a team of more than 41,000 caregivers. Sanford Health is made up of 48,000 employees spanning 24 states.
Pending federal and state approvals, the merger will close in 2021. Terms of the deal were not disclosed.
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