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Bayfront owner sells 2 hospitals to AdventHealth

May 23, 2019 - AdventHealth has signed definitive agreements to purchase the 193-bed Heart of Florida Regional Medical Center in Davenport and the 160-bed Lake Wales Medical Center in Lake Wales from affiliates of Community Health Systems Inc. (NYSE: CYH). Financial terms were not disclosed. Community Health, based in Franklin, Tennessee, owns Bayfront Health System and Bayfront Health St. Petersburg. Community Health has sold more than 40 hospitals in the past two years, including Bayfront Health Dade City which sold in 2018 to Advent Health.

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