BREAKING: Prairie Lakes Healthcare System acquiring Brown Clinc
May 4, 2023
WATERTOWN, S.D.- – Prairie Lakes Healthcare System and Brown Clinic are pleased to announce the signing of a letter of intent for Prairie Lakes Healthcare System to acquire Brown Clinic within approximately 90 days, pending successful completion of due diligence and a definitive agreement.
“Unifying both organizations’ patient-centered healthcare services would formalize a long-standing and successful working relationship between Brown Clinic’s primary care physician group and Prairie Lakes’ specialty care and hospital services,” said John Allen, CEO of Prairie Lakes Healthcare System.
Dr. Stacie Lenssen, Brown Clinic, General Partner said, “Brown Clinic and Prairie Lakes share strong common values and an enduring history of working collaboratively.”
Both organizations acknowledge there are many details to be addressed during the due diligence period as they work through specifics to develop and finalize an agreement. “Going forward, we are excited about the possibilities created with merging two outstanding medical and support teams not only for our patients and community, but within our organizations as well,” Lenssen commented.
Allen noted that “integrating the clinical operations of Brown Clinic into Prairie Lakes’ healthcare system would enhance the comprehensive range of healthcare services available, support medical provider growth, and continue to strengthen the exceptional care our teams provide every day to the Watertown region.”
Both organizations emphasized that patients can be confident their care at Brown Clinic and Prairie Lakes Healthcare System will continue uninterrupted and unchanged as they move through this period of due diligence.
