Becker's Healthcare September 10, 2024
Madeline Ashley

U.S. Bankruptcy Court Judge Christopher Lopez approved the sale of three Dallas-based Steward Health Care hospitals in Florida to Orlando (Fla.) Health for $439.42 million in cash in a Sept. 10 court hearing.

“This is another step in the right direction,” Mr. Lopez said. “This is a good day for Steward.”

The purchase includes Rockledge (Fla.) Regional Medical Center, Melbourne (Fla.) Regional Medical Center, Sebastian (Fla.) River Medical Center and some of Steward Medical Group’s practices in northern Florida. The assets are also known as the Space Coast Hospitals.

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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