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Fairview Health Services

All articles tagged with #fairview health services

business2 years ago

Fairview Health Services Announces 250 Job Cuts Amidst Mounting Pressures

Fairview Health Services is set to eliminate around 250 positions in response to financial constraints, with most of the cuts affecting part-time employees. The layoffs come after talks of a merger with Sanford Health fell through and as the University of Minnesota explores other options for its teaching hospitals. The company expects the layoffs to be finalized by the end of the year and is offering job-seeking assistance and training for other open positions within the company. Fairview emphasizes that the layoffs make up less than 1% of its total workforce and are not expected to impact operations.

healthcare2 years ago

Sanford and Fairview Terminate Merger Plans

Sanford Health has announced the discontinuation of its merger process with Fairview Health Services due to lack of support from certain Minnesota stakeholders. The merger, which would have created one of the largest nonprofit health systems in the US, with over $13.5 billion in annual revenue, has been called off after multiple hearings and potential legislative changes. Sanford Health remains committed to providing world-class care and investing in healthcare delivery. This is the second failed attempt by Sanford to merge with Fairview.