Fast-growing Sanford Health System completed a deal Wednesday to buy Broadway Medical Center in Alexandria, to date the acquisition closest to the Twin Cities for the Dakotas-based organization.
Broadway Medical Center, about 130 miles west of Minneapolis, provides family medicine, general surgery, internal medicine, OB/GYN, oncology, and podiatry. The clinic opened in 1996 and has more than 100 employees in Alexandria, including 25 doctors and other care providers. It also operates a clinic in Parkers Prairie, Minn.
Terms of the deal were not disclosed.
Sanford Health, with headquarters in Sioux Falls, S.D., and Fargo, N.D, is the largest nonprofit rural health care provider in the nation. It operates 34 hospitals and 116 clinics in seven states, mostly in rural and secondary markets in the Midwest.
It has more than doubled its presence in Minnesota in the past decade, and aims to create a third health care hub in northwestern Minnesota after acquiring Bemidji's North Country Regional Hospital in February.
Bruce Pitts, Sanford Health's chief medical officer, has said that Sanford's interest in Broadway Medical was in "maintaining the long term, strong future of health care along the I-94 corridor."
"We both have strong commitments to our local communities," Broadway Medical Center president Doug Griffin said in a statement Wednesday. "Together we are confident there are opportunities for further growth and partnership in the Alexandria area."
Jackie Crosby • 612-673-7335