Florida health systems to combine

St. Augustine, Fla.-based Flagler Health+ plans to join UF Health, the University of Florida’s academic health center, in 2023.

Advertisement

The health systems announced Feb. 2 they had entered into an exclusive, non-binding letter of intent to combine. In August 2022, Flagler Health+ said its board and leadership team had launched a formal effort to explore joining a “like-minded health system.” 

The organization decided on Gainesville, Fla.-based UF Health for its “strengths of a top five public research institution coupled with innovative, high-quality, leading-edge care,” according to the joint news release.  

Flagler Health+ has one hospital — 335-bed Flagler Hospital. UF Health includes two acute-care hospitals in Gainesville and Jacksonville, along with a psychiatric hospital, rehab centers, home health services throughout 17 counties and more than 45 physician practices with more than 700 providers. 

Flagler Health+ and UF Health will begin a formal due diligence period to fully determine the details of a final agreement. A final decision is expected later this year.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.