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Nebraska Medicine Sues to Block University’s $800 Million Takeover After Regents’ Vote

The university says the health system would remain a separate nonprofit with its own board.

Overview

  • Nebraska Medicine filed a lawsuit in Douglas County District Court seeking to stop the University of Nebraska’s purchase of Clarkson Regional Health Services’ stake.
  • The University of Nebraska Board of Regents voted unanimously to approve the transaction, which would give the university sole ownership of Nebraska Medicine.
  • The deal totals about $800 million, including $500 million for Clarkson’s 50% membership rights and roughly $300 million for land and buildings.
  • Nebraska Medicine’s board opposes what it calls a state takeover and says it is pursuing all actions necessary to prevent the deal.
  • The university says Nebraska Medicine would not become a state entity, expects closing by June 30, and the regents earlier delayed a vote after 32 state senators sought more public input.