Orlando Health to Acquire 70% Stake in Alabama’s Brookwood Baptist Health

Orlando Health has finalized a $910 million agreement to acquire a 70% stake in Tenet Healthcare’s Brookwood Baptist Health system in Alabama. This significant move will grant Orlando Health control over Brookwood Baptist Health’s five hospitals and affiliated physician practices in the Birmingham area.

The deal encompasses Brookwood Baptist Medical Center, Princeton Baptist Medical Center, Walker Baptist Medical Center, Shelby Baptist Medical Center, and Citizens Baptist Medical Center. Following the transaction, the system will be rebranded as Baptist Health, with Orlando Health taking on management of daily operations.

Thibaut van Marcke, Senior Vice President of Orlando Health Southeast Region and President of Orlando Health Dr. P. Phillips Hospital, will oversee the integration in Alabama. David Strong, CEO of Orlando Health, expressed optimism about the merger, stating, “We believe this is a new day in health care for our organizations and look forward to making Brookwood Baptist the best health care system in Alabama.”

Brookwood Baptist Health operates over 1,700 beds, 70 primary and specialty care clinics, approximately 1,500 affiliated physicians, and employs over 7,300 staff. Orlando Health, based in Orlando, is a not-for-profit system with assets exceeding $10.5 billion, encompassing around 450 locations, 3,400 beds, and 17 hospitals.

The partnership aims to enhance healthcare services in Alabama, leveraging Orlando Health’s extensive resources and management expertise to improve patient care in the region.

Reference via Health Florida