The University of Minnesota and Essentia Health are proposing to form a nonprofit that would invest up to $1 billion in improving statewide health care access over five years.

This vision is only in the early stages, and the school, which is in an agreement with Fairview Health Services that ends in 2026, says that they shared their future ideas with Fairview.

Essentia Health and the University of Minnesota are looking to form a new non-profit health care organization, which could mean $1 billion dollars in investment.