Orlando Health offered to invest $120 million in Health Central over five years, outbidding Florida Health by $20 million.
Hospital leaders said negotiations of the merger may take up to six months.
Read the Orlando Business Journal report on Health Central and Orlando Health.
Read more coverage on Health Central:
– Florida’s Health Central Chooses Merger Over Sale
– Florida’s Health Central Considers Partnership Proposals From Four Hospital Operators
– Florida’s Health Central Considers Four Systems for Possible Partnership
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