Minneapolis-based health system said the sum wouldn’t cover debts; the U then developed proposal with Essentia Health.
The U is looking to create a new nonprofit partnership as its longtime affiliation with Fairview approaches its end.
The University of Minnesota and Essentia said in January they were in early discussions to form a nonprofit entity.
The February letter followed Fairview’s failed bid to merge with South Dakota-based Sanford Health System. Fairview said that the U’s latest announcement marks a “sudden change” in the ...