District One Hospital in Faribault to negotiate possible sale with Allina Health - Faribault MN: Local

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District One Hospital in Faribault to negotiate possible sale with Allina Health

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Posted: Tuesday, November 26, 2013 8:15 am | Updated: 5:00 pm, Wed Nov 27, 2013.

FARIBAULT — The District One Hospital Board of Directors announced during a special meeting on Tuesday morning that hospital leadership is discussing a possible sale of the Faribault hospital to Allina Health.

No final agreement has been reached, said the hospital’s CEO Stephen Pribyl during a presentation. But Allina has written a letter of intent for the purchase of District One — thus formalizing the start of transaction negotiations.

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