ABOR approval of Banner Health merger and Academic Affiliation Agreement

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TO: UA Campus Community
FROM: President Ann Weaver Hart
DATE: January 28, 2015
SUBJECT: ABOR approval of Banner Health merger and Academic Affiliation Agreement

 

I am very pleased to announce that we have reached a significant milestone today as the Arizona Board of Regents voted to approve the merger between the University of Arizona Health Network and Banner Health and to give the University of Arizona the authority to enter into a long-term Academic Affiliation Agreement with Banner Health. With the Regents’ approval, we will now proceed toward final closure, which is expected at the end of February.

At a minimum, this landmark agreement promises to strengthen academic medicine at our two Colleges of Medicine and to expand training for much needed health professionals.

Many people have put countless hours into meetings, negotiations, and the preparation of scores of documents for this complex agreement. I thank all of them and look forward to seeing the great things to come. For more information, please click here to see ABOR’s news release.