Ocoee, Fla.-based Health Central is making progress in its sale to Orlando Health, as executives from both systems completed a $177 million asset purchase agreement, according to the report.
Health Central has made the document accessible to the public on its website. Orlando Health’s board of directors approved the agreement on Friday, and Health Central’s board is expected to approve it Nov. 29.
Health Central CEO Richard Irwin said the plan to sell “meets the objectives of all the parties,” according to the report.
Related Articles on Health Central and Orlando Health:
Florida’s Orlando Health Profits Increase 12% in First Half of FY 2010
Florida’s Health Central, Orlando Health Plan Merger
Orlando Health Aligns With 92-Physician Practice in Florida
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