MINNEAPOLIS (WCCO) — The University of Minnesota has a new partnership that could affect how you get your healthcare. The University is joining forces with Fairview Health Services.
Minnesota has a well known destination medical center the Mayo Clinic in Rochester, and Friday’s action by University regents intends to cement another. One regent called this agreement “transformational” and “historic.”READ MORE: Mayo Clinic Remains Nation's Top-Ranked Hospital
The partnership between the University, its physicians and Fairview will expand into the future, co-branded under the moniker of M Health Fairview.
The six-year agreement will pass millions more into the medical school and help restore a national reputation for being a leading research and teaching hospital. But it’s also aiming to better serve patients, by streamlining access to the university’s deep specialty medicine.READ MORE: Woman In Custody Dies In Western Wisconsin Jail
Fairview’s financial support expands from about $38 million to close to $100 million by 2023.
The agreement pairs the university with Fairview’s 11 hospitals and 56 primary care clinics, forming a single share delivery system that will launch Jan. 1.MORE NEWS: Boy In Lakeville Injured In Apparent Fireworks Accident
We can expect branding changes by sometime in the second quarter.