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Orlando Health Decides Against Merger

Orlando (Fla.) Health, a nonprofit hospital network, has announced it will end explorations for a partner for a merger or acquisition and will remain independent, according to an Orlando Sentinel report.

Orlando Health began its explorations of potential partners last fall, and in February the health system considered several partnership proposals from both for-profit and nonprofit health systems.

After considering all options, the health systems board decided to remain independent. "We realized we have tremendous momentum, that our financial situation has been steadily improving and the most important thing we wanted to do was preserve the culture and the clinical excellence that we've been able to offer since 1918," said Dianna Morgan, chairwoman at Orlando Health, in the report.

More Articles on Healthcare Industry Mergers:

Beaumont, Botsford and Oakwood Reach Definitive Agreement on $3.8B Merger 
Financial Need is No Longer Leading Driver in Healthcare Acquisitions
150 Hospital Transactions and Partnerships

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