Announced

Orlando Health to acquire a 70% stake in Brookwood Baptist Health from Tenet Healthcare for $910m.

Synopsis

Orlando Health, a healthcare company, agreed to acquire a 70% stake in Brookwood Baptist Health, a hospital network operator, from Tenet Healthcare, a diversified healthcare services company, for $910m. “We are honored to further Brookwood Baptist Health’s mission of extending the healing ministry of Christ. There is a need and opportunity for a private, not-for-profit healthcare system in this market. We believe this is a new day in healthcare for our organizations and look forward to making Brookwood Baptist the best healthcare system in Alabama,” David Strong, Orlando Health President and CEO.

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