In the biggest hospital deal of the year so far, Sutter Health and Allina Health announced plans to join forces and create a system with 39 hospitals and $26 billion in revenue. Under the deal, Sutter Health plans to acquire Allina Health, with Allina becoming the Upper Midwest Division of Sutter Health. If the deal is finalized, they would create one of America’s largest nonprofit hospital systems. Sutter Health, which operates 27 hospitals, is based in Sacramento, California. Allina Health, which runs 12 hospitals, is based in Minnesota and its market includes western Wisconsin.
Read the full article: Sutter Health Plans to Acquire Allina Health in $26B Mega-Merger //
Source: https://www.chiefhealthcareexecutive.com/view/sutter-health-plans-to-acquire-allina-health-in-26b-mega-merger