Not-For-Profit Orlando Health has announced a new deal for an acute care hospital in Puerto Rico. The Orlando, Florida-based health system is buying Sabanera Health Dorado from PRISA Group, a family-owned developer based in Puerto Rico, and Triple-S Management Corporation, a healthcare insurance company located out of San Juan. There were no terms disclosed in the transaction.
Sabanera Health is a 105-bed acute care hospital that provides primary family care, emergency intensive and urgent care, vascular surgery, orthopedics, sports medicine, and medical oncology. The medical facility has a total of 104 rooms, with eight intensive care units, two neonatal intensive care units, 79 single-patient private rooms and 15 suites. In addition to inpatient services, ambulatory services and emergency room, the development incorporates a 20,000 SF multi-specialty clinic providing patients integrated, coordinated, and continued care.
Orlando Health has $8 billion of assets under management and serves the southeastern United States. The 3,200-bed system includes ten hospitals, nine hospital-based ERs, seven free-standing emergency rooms, rehabilitation services, cancer and heart institutes, imaging and laboratory services, wound care centers, physician offices for adults and pediatrics, skilled nursing facilities, an inpatient behavioral health facility, home healthcare services in partnership with LHC Group, and urgent care centers in partnership with FastMed Urgent Care. More than 4,200 physicians representing more than 100 medical specialties and subspecialties have privileges across the Orlando Health system, which employs more than 23,000 team members.
As part of the transaction, Orlando Health is partnering with Doctors’ Center Hospital to create Doctors’ Center Hospital |Orlando Health Dorado. The new brand replaces Sabanera Health Dorado. Orlando Health and Doctors’ Center Hospital have also forged an agreement to provide collaborative care at four additional hospitals on the island: Doctors’ Center Hospital San Juan, Doctors’ Center Hospital Bayamón, Doctors’ Center Hospital Manatí and Doctors’ Center Hospital San Fernando De La Carolina. Doctors’ Center Hospital will continue operating all five hospitals through the agreement.