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AdventHealth buys 103 acres in Florida

Altamonte Springs, Fla.-based AdventHealth has purchased nearly 103 acres of land for future expansion in New Smyrna Beach (Fla.), according to the Daytona Beach News-Journal.

AdventHealth bought the land for $16.5 million. The parcel is directly across from AdventHealth's New Smyrna Beach (Fla.) Medical Plaza.

"Southeast Volusia County is a rapidly growing community, and while we have no immediate plans for this land, we anticipate adding a mix of healthcare services to this location within the coming years," AdventHealth New Smyrna Beach CEO Dennis Hernandez, told the publication.

More articles on transactions and valuation:

Prime Healthcare withdraws bid to buy Bayonne Medical Center
HCA buys majority stake in multistate nursing school
Hospital M&A update: 8 recent deals

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