Tampa General Hospital Acquires Bravera Health Network For $290M

Tampa General Hospital is acquiring the Bravera Health network, including three hospitals and related businesses, for $290 million. The hospitals are located at 6201 North Suncoast Boulevard, 17240 Cortez Boulevard, and 10461 Quality Drive in the markets of Brooksville, Crystal River, and Spring Hill. This acquisition expands Tampa General Hospital's reach and enhances access to specialized care in Hernando County.

Summary of transaction details

• Property Type: Hospital
• Transaction Amount: $290,000,000
• Address: 6201 North Suncoast Boulevard, 17240 Cortez Boulevard & 10461 Quality Drive
• Market: Brooksville, Crystal River & Spring Hill
• Buyer: Tampa General Hospital - John Couris
• Seller: Community Health Systems Inc
• Beds: 372
• Price Per Bed (PPB): $779,571

The buyer in this transaction is Tampa General Hospital, represented by John Couris. The seller is Community Health Systems Inc. The deal was closed on 07/25/2023 and the sale price for the three hospitals and related businesses was $290 million. This acquisition by Tampa General Hospital allows for expansion and improved access to specialized care in Hernando County.