Orlando Health closes $86M acquisition of CHS hospital

Recently filed deeds shed more light on the financial details of Orlando (Fla.) Health’s acquisition of Bayfront Health St. Petersburg from Franklin, Tenn.-based Community Health Systems, according to The St. Pete Catalyst

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Orlando Health completed the acquisition of Bayfront Health and its associated assets on Oct. 1, roughly three months after the parties entered into a definitive agreement. Though the purchase price was not publicly disclosed, 14 deeds filed Oct. 2 in Pinellas County (Fla.) show Orlando Health paid more than $140 million for the properties. 

The largest deed — $86.28 million — was for the 480-bed hospital. The other deeds were for medical offices, clinics, parking garages and other properties. 

Read the full St. Pete Catalyst article here

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