# St. Francis Regional Medical Center

St. Francis Regional Medical Center is an Endowment / Foundation based in Shakopee, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Shakopee, United States
- **Region:** North America
- **Address:** 1455 St. Francis Ave, Shakopee, MN 55379, United States
- **Founded:** 1938
- **Assets under management:** Undisclosed
- **Website:** stfrancis-shakopee.com
- **LinkedIn:** https://www.linkedin.com/company/st.-francis-regional-medical-center

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1938 by the Franciscan Sisters and sponsored in its Catholic identity by the Benedictine Sisters of St. Scholastica Monastery, St. Francis Regional Medical Center operates under joint ownership by Allina Health, HealthPartners Park Nicollet, and Essentia Health—a rare three-way governance structure among Minnesota's largest nonprofit health systems. The main campus at 1455 St. Francis Avenue anchors a delivery network that includes a surgery and endoscopy center, two Hy-Vee-based Express Care clinics, and a Jordan outreach clinic. Investment posture flows through a pooled portfolio managed in Minneapolis alongside physical-plant commitments that include a recently renovated Cancer Center with a state-of-the-art infusion suite and radiation oncology in one location. Capital partners and board relationships extend to the Shakopee Mdewakanton Sioux Community, Polaris Inc. via board member Ryan Tranby, and major donor Rahr Corporation. The system holds a consortium stake in the Life Link III air-medical fleet and maintains a curated art collection within the Cancer Center. President Amy Jerdee leads an executive team that includes Chief Nursing Officer Laura Randgaard, with professional affiliations reaching into the American College of Healthcare Executives and the Minnesota Organization of Leaders in Nursing. The Saints Foundation serves as the institution's philanthropic vehicle, channeling community gifts toward capital projects and patient-care initiatives. The hospital maintains an active Shakopee Chamber of Commerce presence through board representation by Amy Kuehn. Structurally, St. Francis operates as an asset-heavy community hospital that is neither a standalone independent nor a fully absorbed system subsidiary—its tri-owner governance board draws on the balance sheets and strategic priorities of three distinct Minnesota health systems, giving it capital-access advantages uncommon for a single-site regional medical center.

## Sectors

- Healthcare Services
- Real Estate

## Offices

- Jordan, MN
- Shakopee Hy-Vee, Shakopee, MN
- Savage Hy-Vee, Savage, MN

## People

- Amy Jerdee — President
- Laura Randgaard — Chief Nursing Officer
- Amy Kuehn — Board Representative (Shakopee Chamber of Commerce)
- Ryan Tranby — Board Representative (Polaris Inc.)

## Questions

### Who owns St. Francis Regional Medical Center?

The hospital is jointly owned by Allina Health, HealthPartners Park Nicollet, and Essentia Health—three of Minnesota's largest nonprofit health systems. The Benedictine Sisters of St. Scholastica Monastery serve as the sponsor of the hospital's Catholic identity. This tri-owner governance structure is unusual for a single-site community hospital.

### How is St. Francis connected to the Shakopee Mdewakanton Sioux Community?

The Shakopee Mdewakanton Sioux Community holds a board-representation relationship with the hospital, reflecting the medical center's location within the tribe's historical and geographic footprint. The partnership operates alongside other community relationships including Habitat for Humanity and the Shakopee Chamber of Commerce.

### What is the Saints Foundation?

The Saints Foundation is the philanthropic arm of St. Francis Regional Medical Center. It channels community donations toward capital projects—such as the recent Cancer Center renovation—and patient-care initiatives. Major donors include Rahr Corporation.

### Does the medical center hold investment assets beyond its physical plant?

Yes. The system maintains a pooled investment portfolio managed in Minneapolis, and holds a consortium stake in the Life Link III air-medical fleet. Specific asset allocation or AUM figures are not publicly disclosed.

### Where does St. Francis operate beyond its main Shakopee campus?

The network includes a surgery and endoscopy center on the southeast corner of the main campus, a Jordan outreach clinic, and two Express Care clinics located inside Hy-Vee stores in Shakopee and Savage. The system also co-owns the Life Link III air-medical consortium.

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- [Stewart Wealth Management](https://altss.com/profile/stewart-wealth-management)
- [St.Galler Kantonalbank](https://altss.com/profile/st-galler-kantonalbank)

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Last updated: 2026-06-03T20:00:00.000Z

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