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UHS hospital acquires 35 acres in Florida

Wellington (Fla.) Regional Medical Center, owned by for-profit hospital operator Universal Health Services, has acquired 35 acres of land in Florida for $12.3 million, according to the South Florida Business Journal

The newly acquired land is adjacent to a 5-acre parcel where the hospital recently opened a freestanding emergency department. 

The for-profit hospital operator based in King of Prussia, Pa., decided to purchase the land due to the success of the freestanding ED.

It is unclear what the hospital is planning to use the property for, though it has been zoned for medical uses.

Read the full report here.

More articles on healthcare industry transactions:

Proposed mergers would combine 34 Louisiana hospitals
Private equity firm sets sights on Quorum Health
1,250 healthcare deals have been announced, completed this year

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