Altru Health System entered into a non-binding Letter of Intent with CommonSpirit Health to explore acquiring Devils Lake hospital. The letter is the first step in the process of reaching a formal agreement to transfer ownership of the hospital to Altru Health. The organizations hope to finalize the process by the end of 2024.

“CommonSpirit wants patients in the Devils Lake region to have access to strong, local healthcare services,” said Tim Bricker, president for CommonSpirit’s Central Region. “Altru is well-positioned to integrate Devils Lake into a continuum of care. We look forward to continuing our conversations . . .

Want To Read More? Log In Or Become A Free Member
Resource Available For All OPEN MINDS Circle Members
If you are already a member, log in to your account to access this resource and more.

You can become a free member and get access now. Learn more about the OPEN MINDS Circle Market Intelligence Service Membership. Reach out to our team at info@openminds.com, or call us at 877-350-6463.

A Paid OPEN MINDS Circle Membership provides unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!

Merger & Acquisitions

Submit a Bulletin
  • This field is for validation purposes and should be left unchanged.
  • Max. file size: 98 MB.