Overview
- Fairview Health Services and University of Minnesota Physicians announced a binding framework for a partnership starting Jan. 1, 2027, with a $1 billion capital pledge for key academic sites.
- The framework guarantees $50 million annually to UMP with additional performance-based payments, meaning total support could meet, exceed, or fall short of current levels.
- Under the proposal, Fairview funding would flow to UMP rather than directly to the university, with no agreement yet on how those dollars would be transferred to the medical school.
- University leaders warn the arrangement could undermine UMP’s role as the designated physician practice plan and jeopardize its tax-exempt status.
- Fairview says it will retain ownership and operations of the University of Minnesota Medical Center and Masonic Children’s Hospital, with no expected changes for patients, as parties target a definitive deal by year-end 2025.