Sanford Health Buys Hospital In Lyon County

SIOUX FALLS, S.D. (AP) — Sanford Health has purchased Sanford Tracy Medical Center from the Minnesota city of Tracy.

Sanford has been operating the facility, which has been owned by the city. Under the agreement which takes effect Thursday, Sanford will now own the medical center buildings and grounds. Officials say employees will not see any changes as they were already employed by the health system.

The purchase price was not disclosed.

Tracy Mayor Steve Ferrazzano says it's a "win-win" for the town, as it will retain quality health care close to home while no longer having the financial responsibilities that come with owning a health care facility. Ferrazzano says the sale will free up taxpayer dollars for other projects.

Sanford is headquartered in Sioux Falls, South Dakota, and Fargo, North Dakota.

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