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CHS to sell Florida hospital to BayCare

Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell 72-bed Bartow (Fla.) Regional Medical Center and its related outpatient services to Clearwater, Fla.-based BayCare Health System.

The deal, which is subject to regulatory approval, is expected to close by the end of 2015.

Bartow Regional is the second Florida hospital CHS has sold in recent months. In September, CHS signed a definitive agreement to sell 88-bed Lehigh Regional Medical Center in Lehigh Acres, Fla., to Ontario, Calif.-based Prime Healthcare Services.

More articles on healthcare industry transactions:

Joint ventures with charitable hospitals: 3 considerations for hospital leaders
Healthcare has record-breaking Q3 with 385 transactions
9 recent hospital transactions and partnerships

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