SIOUX FALLS, S.D – The proposed merger of Sanford Health and Salt Lake City-based Intermountain Healthcare is off. Sanford says the discussions have been delayed indefinitely.
The Sanford Health Board of Trustees last week appointed Bill Gassen as the organization’s new president and CEO. Given the leadership change, Sanford Health has decided to stop current merger and acquisition activity while it addresses other organizational needs.
Gassen said, “With this leadership change, it’s an important time to refocus our efforts internally as we assess the future direction of our organization.” We continue to prioritize taking care of our patients, our people, and the communities we serve as we look to shape our path forward.”
“We have great respect for Intermountain Healthcare, Dr. Marc Harrison, and their leadership team and look forward to continuing to learn from each other,” said Gassen.
“We are disappointed but understand the recent leadership change at Sanford Health has influenced their priorities,” said Marc Harrison, M.D., president and CEO of Intermountain Healthcare. “There’s much to admire about the work that Sanford Health is doing. We continue to share a strong vision for the future of healthcare.”
