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 six campuses in Charlotte, Ionia, St. John’s, Carson City and Lansing with 500 primary care providers and specialists.

The deal was approved by the University of Michigan Board of Regents on Thursday. Spiro 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.

Other:The newly merged Beaumont-Spectrum health system has been named Homewell Health

Other:The Beaumont-Spectrum merger takes another step with a formal merger agreement

Aerial view of the University of Michigan Hospital.

UM Health spends $800 million

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

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

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