Industry Pulse: SANFORD HEALTH: COMING TO A MARKET NEAR YOU?

Haven’t heard of Sanford Health? You will. The fast-growing healthcare system wants  to expand beyond its rural roots to urban areas.

Sanford Aberdeen (S.D.) Medical Center is a 48-bed facility recently opened by fast-growing Sanford Health. (Photo courtesy of Sanford Health)

From one hospital in Sioux Falls, S.D., in 2004, Sanford has grown to become the nation’s largest rural, not-for-profit provider, with locations in 126 communities in eight states. Fueled by credit card mogul T. Denny Sanford’s nearly $700 million in gifts, the system now boasts 35 medical centers and 140 clinics. With dual headquarters in Sioux Falls and Fargo, N.D., it has long been anticipated that Sanford Health would someday acquire or merge with a health system in the Minneapolis-St. Paul area, the nearest large metro area in the Upper Midwest.

Someday might be here. Minnesota Attorney General Lori Swanson disclosed in late March that

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