Wed, July 01, 2020
Effective July 1, 2020, Orlando Health has completed the acquisition of the 84-bed St. Cloud Regional Medical Center and its associated healthcare operations in St. Cloud, Florida from an affiliate of Community Health Systems. Orlando Health has held a 20 percent minority interest in the hospital for more than 15 years and with this transaction, the facility will now be referred to as Orlando Health St. Cloud Hospital.
“We are excited about fully integrating into the Orlando Health network,” said Brent Burish, president of Orlando Health St. Cloud Hospital. “This regional alignment further advances our ability to make a positive impact on the health of each and every person we serve in St. Cloud and Osceola County, particularly in today’s dynamic healthcare environment.”
Since 1964, St. Cloud Hospital has been providing high-quality healthcare to the county and surrounding areas. David Strong, president and chief executive officer of Orlando Health, shared the importance of a good healthcare system and stated the expanded relationship signals Orlando Health’s commitment to serving the St. Cloud and Osceola County community well.
“We are thankful to have St. Cloud Hospital become an important part of our organization.” Strong said. “As Orlando Health thoughtfully expands its services, we look forward to increasing our presence in the Osceola region and working together with team members and physicians to continually improve patient experience and clinical quality outcomes.”
About Orlando Health
Orlando Health is a not-for-profit healthcare organization with $6.2 billion of assets under management. The system spans nine Florida counties with nearly 450 locations that include 13 wholly-owned hospitals and emergency departments; rehabilitation services, cancer centers, heart institutes, imaging and laboratory services, wound care centers, more than 300 physician offices for adults and pediatrics, and 11 urgent care centers in partnership with CareSpot Urgent Care. In FY18, Orlando Health served approximately 167,000 inpatients, more than 2.7 million outpatients, and more than 20,000 international patients. The organization is home to the area’s only Level One Trauma Centers for adults and pediatrics, and is a statutory teaching hospital system that offers both specialty and community hospitals. Nearly 3,600 physicians have privileges across the system, which is also one of the area’s largest employers with nearly 20,500 employees. Additionally, Orlando Health provides more than $620 million in total value to the community in the form of charity care, community benefit programs and services, community building activities and more. Additional information can be found at www.orlandohealth.com.