Baptist Health South Florida finalizes merger deal

Coral Gables-based Baptist Health South Florida formalized its merger agreement with Marathon, Fla.-based Fishermen’s Community Hospital, effective June 30, according to the South Florida Business Journal.

Advertisement

BHSF and 25-bed FCH signed a letter of intent to merge in November 2016.

The financial terms of the agreement were not disclosed. FCH will be BHSF’s second hospital in the Florida Keys area.

“Baptist Health and Fishermen’s Community Hospital share a similar mission of providing high-quality, compassionate care to our communities,” said Brian Keeley,  president and CEO of BHSF. “This affiliation will help to complement the excellent care that Baptist Health already provides at Mariners Hospital in Tavernier, and will provide patients in the Florida Keys with expanded access to Baptist Health’s services and physicians across south Florida.”

More articles on transactions and valuations:
Orlando Health System to affiliate with Lakeland Regional Health
Christus Health acquires Good Shepherd Health System
Alecto Healthcare Services to acquire 2 Ohio hospitals

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.