Steward Health Care to Acquire Five Tenet Hospitals in Miami-Dade and Southern Broward
June 16, 2021
Steward Health Care System, LLC signed a definitive agreement to acquire Tenet Healthcare Corporation’s five hospitals and related hospital operations in Miami-Dade and Southern Broward counties for about $1.1 billion. Tenet’s Conifer Health Solutions will continue providing revenue cycle management services post-completion, while Tenet’s USPI ambulatory facilities in these markets remain with Tenet.
- Buyers
- Steward Health Care System, LLC
- Targets
- Coral Gables Hospital, Florida Medical Center, Hialeah Hospital, North Shore Medical Center, Palmetto General Hospital
- Sellers
- Tenet Healthcare Corporation
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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