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
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
