HCA Healthcare (NYSE: HCA), which operates 174 hospitals, 119 freestanding surgery centers, and numerous other outpatient centers in 20 states and the United Kingdom, announced an agreement to acquire Highlands Regional Medical Center in Sebring, Florida, from subsidiaries of Community Health Systems, Inc. Upon completion of the transaction, Highlands Regional Medical Center, a 126-bed hospital 75 miles west of Fort Pierce, would be part of HCA’s East Florida Division.
“The addition of Highlands Regional to our East Florida network of hospitals will allow us to care for more people and complement our existing facilities in the region,” said Sam Hazen, president and chief operating officer of HCA. “We look forward to continuing Highlands Regional’s long-standing tradition of providing high-quality care.”
The transaction, which is subject to regulatory approvals and other closing conditions, is expected to close by the fall of 2017.
