SIOUX FALLS, S.D. (KSFY) - Two major South Dakota-based companies have officially completed their merger.
The Evangelical Lutheran Good Samaritan Society and Sanford Health announced their merger was completed on Wednesday morning.
According to a press release from Sanford Health, the organizations began exploring an affiliation in late 2017. The Society’s membership overwhelmingly voted in favor of the affiliation in June 2018, which cleared regulatory review prior to closing.
The combined operation has 45 hospitals, nearly 300 clinics and more than 200 senior care locations in 26 states and nine countries, employing nearly 50,000 people.
“We know that bringing these two organizations under one umbrella has many benefits for those we serve,” said Kelby Krabbenhoft, Sanford Health president and CEO, in a press release. “Being on the forefront of the changing health care landscape made this historic opportunity a reality.”
David Horazdovsky remains CEO of The Society and has joined Sanford’s corporate leadership team. Randy Bury has transitioned to president of the Society from his previous role as Sanford’s chief administration officer.