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AdventHealth buys 22 acres of land for hospital, offices

Altamonte Springs, Fla.-based AdventHealth has purchased 22 acres of land in South Hillsborough County for a new hospital and medical offices, according to the Tampa Bay Business Journal.

The health system plans to build a 360,000-square-foot hospital and a 100,000-square-foot facility for medical offices on the land. Plans also call for parking for both facilities.

A construction time frame and the total cost have not been disclosed, according to the report. 

Clearwater, Fla.-based BayCare also has a hospital in South Hillsborough County, the 114-bed Joseph's Hospital-South in Riverview, Fla. 

Read the full report here. 

More articles on healthcare industry transactions: 
Novant offers $5B+ bid for North Carolina hospital
Hospital M&A update: 9 recent deals
West Virginia system joins Allegheny Health's network, GPO

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