U-M Health to acquire Lansing-based Sparrow Health System

University of Michigan Health is acquiring Lansing-based Sparrow Health System, the largest hospital system in Mid-Michigan with 500 primary care providers and specialists in Charlotte, Ionia, St. John’s, Carson City and Lansing.

The deal was approved by the University of Michigan Board of Regents on Thursday. Sparrow Health System’s board of directors signed off on the agreement in late November.

Pending regulatory approvals, the acquisition is expected to be completed in the first half of 2023.

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An aerial view of the University of Michigan Hospital.

UM Health is spending $800 million

“This agreement strengthens UM Health’s ability to provide quality health care in communities beyond Southeast Michigan, providing a statewide referral center for the most critically ill,” Paul Brown, chairman of the Board of Regents, said in a statement. expands our mission as a site.”

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As part of the arrangement, Ann Arbor-based UM Health will spend $800 million in Sparrow’s hospital campuses, facility projects, operations and other “strategic investments” over the next eight years.

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