U Of M Announces Intent To Gain Full Ownership Of Twin Cities Healthcare Facilities, New Medical Center

WCCO Staff, Marielle Mohs, CBS Minnesota

January 13, 2023

The University of Minnesota announced Thursday its intent to gain full ownership of the existing healthcare facilities on its Twin Cities campus, currently owned by Fairview Health Services.

The university and its medical school announced its new "MPact Health Care Innovation vision" aimed to make Minnesota a leader in healthcare.

"With great inspiration from Minnesota and with insights from university researchers, faculty, physicians and health care professionals, the MPact Health Care Innovation vision is a once-in-a-lifetime opportunity to channel our unique ability to elevate our state, improve the lives of all Minnesotans and position Minnesota as a global leader for the next century," said President Joan Gabel.

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