Sioux Falls, S.D.-based Sanford Health is becoming the parent company of Black Hills Surgical Hospital and Black Hills Orthopedic and Spine Center, and those entities will transition to nonprofit status, the health system said.
Black Hills Surgical Hospital and Black Hills Orthopedic and Spine Center, both in Rapid City, S.D., are physician-owned but will go nonprofit as they start working as part of Sanford Health, according to a news release shared with Becker's. The deal is expected to close by the end of November.
The deal also includes the hospitals' associated facilities and Black Hills Surgery Center in Gillette, Wyo.
Black Hills Orthopedic and Spine Center has 18 physicians and was founded in 1976.