At the heart of the former governors’ concerns is the University of Minnesota Medical Center. In 1997, Fairview purchased the Medical Center, which is the university’s primary teaching hospital. As a land-grant institution dedicated to bettering Minnesota under the state’s constitution, the U cannot have an out-of-state company running the teaching hospital, Dayton and Pawlenty said.
Matt Malek, recently promoted to CFO of intelligent virtual assistant provider Interactions, spoke to CFO about AI’s impact on corporate finance. Malek shared insight into what areas CFOs should integrate this type of technology, and what areas aren’t as exposed to the potential of ChatGPT-like programs as one may think.
More than 25 years after the University of Minnesota sold its campus hospitals to Fairview Health Services, the institution has the opportunity to buy them back if the Legislature approves.
The fiscal pounding hospitals took last year from labor and other pressures nearly erased the fiscal 2021 recovery for hospitals operating margins that have June 30 fiscal year ends, with the full and bleaker accounting of last year's strains still to come, Fitch Ratings said.
The two largest concerns outlined in the letter were Sanford Health’s ties to South Dakota’s anti-abortion laws and the company’s lack of commitment to funding academic research.