U of Central Florida, HCA break ground on $175 million teaching hospital

Alia Paavola - Print  | 

Nashville, Tenn.-based HCA Healthcare and Orlando-based University of Central Florida broke ground Oct. 25 on a new $175 million teaching hospital, according to the Orlando Sentinel.

The hospital, called the Lake Nona Medical Center, will open in 2020 to serve as the teaching hospital for students enrolled at the UCF College of Medicine.

HCA is building the hospital and will have an 80 percent stake in it. UCF is providing the land and its brand and will have 20 percent equity.

Lake Nona Medical Center will house 64 beds, and HCA officials predict the hospital will have an operating revenue of $71 million in its first year.

"It's the fulfillment of a life’s dream," said former UCF President John Hitt, who attended the groundbreaking. "This is a wonderful development, not just for UCF but for all of Central Florida and all of Florida. We hope with the development of further research, we can have a worldwide impact."

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