Major Midwest Hospital Systems Call Off Planned Merger

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Major Midwest Hospital Systems Call Off Planned Merger
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UnityPoint Health’s board rejected the deal after hammering out terms for more than a year and a half, Sanford Health CEO says

Sanford Health, based in Sioux Falls, S.D., and UnityPoint Health, based in Des Moines, Iowa, separately said Tuesday they had ended merger talks.

Sanford CEO Kelby Krabbenhoft faulted UnityPoint for rejecting an agreement to create a major U.S. hospital system. The combination would have created a 76-hospital giant with operations across 26 states and $11 billion in operating revenue,...

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