Orlando Health completes $910M purchase of Alabama hospitals

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Orlando Health last week completed the purchase of five Alabama hospitals.

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Dallas-based Tenet Healthcare Corp. (NYSE: THC) sold its 70% ownership interest in Brookwood Baptist Health in Birmingham to Orlando Health for more than $910 million in cash, allowing Orlando Health to enter Alabama for the first time.

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The deal was announced in August and was completed Oct. 1.

Click here to read the full story on the Orlando Business Journal’s website.

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