Sanford Health to Acquire Minnesota Multispecialty Physician Group

Fargo, N.D. and Sioux Falls, S.D.-based Sanford Health and Broadway Medical Center in Alexandria, Minn., have signed a non-binding letter of intent to explore a merger, according to a Sanford news release.

The health system and multispecialty physician group practice will now begin due diligence with a decision for a definitive agreement set for Jan. 1, 2012.

Broadway Medical Center has 34 providers and over 100 staff in two locations.

Related Articles on Sanford Health:

Sanford Health Signs Letter of Intent with Minnesota's Clearwater Health
Sanford Health Increasing Market Presence After MeritCare Merger
South Dakota Judge Says Sanford Health's Noncompete Clauses Are Burden for Patients

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