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Steward Health Care operates eight hospitals in Florida and five are in South Florida: Palmetto General Hospital, 2001 W 68 St. in Hialeah Coral Gables Hospital, 3100 Douglas Rd. in Coral Gables
The company’s other Florida hospitals are Melbourne Regional Medical Center, Rockledge Regional Medical Center and Sebastian River Medical. READ MORE: Owner of five hospitals in South Florida ...
A hospital network in Central Florida wants to buy several Florida hospitals owned by the troubled Steward Health Care System. Orlando Health is targeting the Space Coast area hospitals owned by ...
St. Elizabeth's Medical Center in Brighton, MA, which served as Steward's flagship hospital until it was sold in 2024 [19]. Steward Health Care was founded in 2010, when Caritas Christi Health Care was sold to New York private equity firm Cerberus Capital Management, with Caritas CEO and former Beth Israel Deaconess Medical Center heart surgeon Ralph de la Torre continuing as CEO of the new ...
It is located in Melbourne, Florida. It is a 514-bed facility, including the only level II trauma center in Brevard County. [1] It also operates Brevard's only Level II Neonatal ICU. [2] In 2010, the hospital had 38.8 percent of the patient admissions in the county, 23,250, twice the number of its nearest competitor in the county admitted. [3]
It was established in 1985 and was the second largest healthcare system in New England. In 2010, Caritas Christi was sold to the private equity firm Cerberus Capital Management, which converted it to a for-profit company and renamed it Steward Health Care System. Cain Brothers acted as Caritas Christi's advisor for this transaction, for which ...
Steward Health Care operates eight hospitals in Florida and five are in South Florida: Palmetto General Hospital, 2001 W 68 St. in Hialeah Coral Gables Hospital, 3100 Douglas Rd. in Coral Gables
In March 2022, Medical Properties Trust sold a 50% stake in the eight Massachusetts hospitals it had bought from Steward Healthcare System to Macquarie Infrastructure Partners V for $1.7 billion. [ 12 ] [ 13 ] Also in March 2022, the company purchased four hospitals in Finland for 178 million Euros, representing its first acquisition in ...