Skip to main content

AdventHealth Acquires Two Florida Hospitals

Analysis  |  By John Commins  
   September 04, 2019

Heart of Florida Regional Medical Center in Davenport and Lake Wales Medical Center are renamed AdventHealth Heart of Florida and AdventHealth Lake Wales.

AdventHealth has expanded its footprint in Central Florida with the addition of two hospitals.

Effective immediately, 193-bed Heart of Florida Regional Medical Center in Davenport and 160-bed Lake Wales Medical Center will join the health system as AdventHealth Heart of Florida and AdventHealth Lake Wales, Altamonte Springs, Florida-based AdventHealth said in a media release.

Financial terms were not disclosed.

The acquisitions include each hospital's businesses, clinics and outpatient services. The 1,200 employees from the two hospitals will become AdventHealth employees, and the dozens of employed physicians at the two hospitals will join AdventHealth Medical Group.

The two hospitals will operate from within AdventHealth's Central Florida Division.

"Polk County is one of Florida's fastest growing regions and it's important that healthcare services keep pace so the communities we will serve there can also be amongst the state's healthiest," said Daryl Tol, president/CEO for AdventHealth's Central Florida Division.

Brian Adams has been named market CEO for the two hospitals, having previously served as senior vice president of new markets for the AdventHealth Central Florida Division – South Region and president/CEO for AdventHealth Tampa.

"AdventHealth has a long history of bettering the regions we serve and where our team members live, work and play," Adams said.  

Non-profit AdventHealth operates 48 hospitals in nine states.

“Polk County is one of Florida's fastest growing regions and it's important that healthcare services keep pace so the communities we will serve there can also be amongst the state's healthiest. ”

John Commins is the news editor for HealthLeaders.


KEY TAKEAWAYS

The acquisitions include each hospital's businesses, clinics and outpatient services.

The two hospitals will operate from within AdventHealth's Central Florida Division.

Financial terms were not disclosed.


Get the latest on healthcare leadership in your inbox.