Allina Health has signed a letter of intent to join a non-profit based in Sacramento, California.
The potential acquisition was announced on Tuesday.
Once the deal is sealed, Allina would function as a subsidiary to Sutter Health, but would still operate in Minnesota.
A press release from Allina says patients shouldn't expect any changes to which doctor they see, services provided, or insurance coverage.
“We are incredibly excited for the opportunity to harness the collective strength of our two mission-driven organizations to make a difference in the lives of our patients, communities and care teams,” said President and Chief Executive Officer of Allina Health, Lisa Shannon. “As one nationally leading, locally committed nonprofit health system, we will be uniquely positioned to be at the forefront of innovation, building upon the expertise of our physicians, advanced practice providers, nurses and team members to chart a new path for healthcare.”
The transaction should be completed by the end of the year.
Sutter Health released a statement saying, "together with our combined innovative capabilities and enabled by an investment of more than $2 billion in Minnesota and western Wisconsin, we will improve patient access and affordability by establishing new ambulatory care locations and expanding specialty institutes to deliver excellent care to more patients in more settings."
They go on to say the merger will help caregivers spend more time with patients and less time on paperwork through AI and digital solutions that reduce administrative burdens, drive high-quality and safe care, including a focus on prevention, to improve the health of the communities we serve, and make it easier for patients to get appointments through more convenient scheduling and innovative consumer digital tools.
