Under the bill, the secretary of the Agency for Health Care Administration — who is appointed by the governor — would review potential hospital sales or leases. The bill also requires the boards of public hospitals to begin formal evaluations this year and identify the potential benefits of selling or leasing their hospitals, even if they do not pursue the transactions.
The legislation also details how money from public hospital sales or leases would be used: half would go to indigent care and the other half would go to economic-development projects tied to healthcare.
The bill now goes to Florida Governor Rick Scott, who is a former hospital executive and launched a commission last year to recommend changes to public hospitals in the state.
More Articles on Hospital Transactions:
Winter Haven Hospital in Florida Narrows Partner Search
Charity Care at Florida’s Bay Medical Center to Stay the Same if Lease Passes
CEO of Florida’s Health Central to Resign After Hospital Sells to Orlando Health
