October 5, 2020 – Community Health Systems, Inc. (CHS) (Franklin, TN) announced that an affiliate of the company has completed the sale of 480-bed Bayfront Health St. Petersburg (St. Petersburg, FL) and its associated assets to a subsidiary of Orlando Health.
The Orlando Health subsidiary has assumed responsibility for the long-term lease and operations of the hospital.
The effective date of the transaction is October 1, 2020.
With the divestiture completed, Community Health Systems affiliates operate 11 hospitals in Florida.