July 2015

Minnesota Hospital Completes Nonprofit Conversion

United States - Minnesota

A Minnesota-based hospital system had been operated for decades as a governmental entity, but found itself burdened by governmental restrictions and unable to efficiently adapt to and compete in the emerging healthcare market. Faegre Baker Daniels' healthcare and nonprofit specialists guided the organization through a restructuring and conversion to a private, non-profit organization with a more effective governance structure that included physicians, community stakeholders, patient advocates and health care experts, removing both the politics and statutory burdens from the system and facilitating partnerships with other providers in the region.

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