In Minnesota, two large health systems -- HealthPartners and Park Nicollet -- plan to merge, creating the second biggest system in Minnesota -- just behind the Mayo Clinic.
(St. Paul) Pioneer Press: Health Partners, Park Nicollet Plan Merger
In the largest health care merger seen locally in more than a decade, insurer and east metro hospital operator HealthPartners is combining with the west metro's Park Nicollet Health Services to form a Twin Cities powerhouse of more than 20,000 employees and about 1,500 multispecialty physicians. The merger announced Thursday, Aug. 30, marks something of a push westward for Bloomington-based HealthPartners, which in the past decade has built a network of hospitals in the east metro and western Wisconsin. The merger is not expected to lead to any layoffs or clinic closings, the health systems said (Snowbeck, 8/30).
Minneapolis Star Tribune: 2 Giants -- HealthPartners, Park Nicollet -- Plan To Merge
Two of the Twin Cities' most prominent health care systems, HealthPartners and Park Nicollet, have signed an agreement to join operations, marking the biggest merger in the local health care market in two decades. If approved by state and federal regulators, the merger would create the state's second-largest hospital system by revenue, behind the Mayo Clinic in Rochester, and combine two organizations with storied traditions in Twin Cities medical care. Patients shouldn't notice immediate differences, as the affected hospitals and clinics will retain the names of their respective organizations. But the move could presage a new wave of consolidation as Minnesota hospitals and clinic systems realign their services and jockey for market share in the face of ever-rising cost pressures and the rollout of federal health reform (Crosby, 8/30).
In other news, fines and sales make news at hospitals around the United States.