The Federal Trade Commission (FTC) has officially put the stamp of approval on the merger of Sanford Health and The Evangelical Lutheran Good Samaritan Society, clearing the way for the two Sioux Falls-based organizations to proceed with combining their enterprises. With the speedy decision by the FTC, the goal of becoming one by early 2019 has been moved forward to Nov. 1.
The merger will create a $6 billion business with 47,000 employees. Currently, the Society has 19,000 employees in 24 states providing senior care services, while Sanford has 28,000 employees in nine states offering clinic, hospital and health insurance services.
