March 2004

Dakota Clinic and Catholic Health Initiatives Sign Letter of Intent

Dakota Clinic, Ltd., and Catholic Health Initiatives have signed a letter of intent that will move them toward affiliation and strengthen Dakota Clinic’s partnership with Innovis Health of Fargo, N.D.

The letter of intent follows a similar agreement between Catholic Health Initiatives and the owners of Innovis Health, who have been working since fall 2003 to finalize terms under which the 74-bed hospital will become part of Catholic Health Initiatives.

Greg Glasner, MD, chair of the board for both Dakota Clinic and Innovis Health, said the affiliation with Catholic Health Initiatives would enable the clinic to fully integrate with Innovis Health. “We’re impressed with Catholic Health Initiatives as an organization,” he said. “They have proven their commitment to building collaborative relationships and partnerships with community groups, agencies and other health care organizations.”

Currently, Dakota Clinic is a physician-owned clinic network with 175 doctors in 22 locations. Innovis Health is a not-for-profit, taxable corporation of which Dakota Clinic and Blue Cross Blue Shield of Minnesota are members. Definitive agreements to advance the development of the integrated delivery system are expected in the next few months.

“This is an exciting next step for our ministry in North Dakota,” said Kevin E. Lofton, FACHE, president and chief executive officer of Catholic Health Initiatives. “We are pleased to unite with the visionaries at Innovis Health and Dakota Clinic to advance our mutual objective of delivering advanced health care to the people of Fargo and the surrounding region.”