Health Management Associates, Naples, Fla., agreed to buy an 80% interest in 68-bed Orlando Regional St. Cloud (Fla.) Hospital from Orlando (Fla.) Regional Healthcare for undisclosed terms. The deal, expected to close by year-end, would be HMA's first partnership with a not-for-profit provider. The Orlando Regional system would own 20% of the hospital. HMA owns 57 hospitals in 16 states. Orlando Regional owns four hospitals, including its flagship 1,354-bed Orlando Regional Medical Center and St. Cloud. -- by Vince Galloro
HMA to enter joint venture with Fla. not-for-profit
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