Community Health Systems, Inc. announced Wednesday that an affiliate of the company has signed an agreement to sell Munroe Regional Medical Center to Florida Hospital Ocala, Inc., a subsidiary of Adventist Health System Sunbelt Healthcare Corporation. The transfer of the lease is subject to the consent of the Marion County Hospital District. [Doug Engle/Staff photographer] Next
By Carlos E. Medina
Sunday
Posted Apr 22, 2018 at 2:01 AM
The sale of the lease of Munroe Regional Medical Center to Adventist Health System brings lots of questions. Here are some answers.
For weeks, the worst-kept secret in the healthcare industry in Central Florida was the impending sale of the lease to operate Munroe Regional Medical Center in Ocala.
On Wednesday, official word came that, indeed, Community Health Systems was selling out to Adventist Health System. The sale of the lease to the largest and oldest hospital in Marion County brings with it lots of questions. While the finer points of the deal, including the sales price, are still not public, there is enough out there to answer some of the burning questions.
First, some perspective.
In 2014, CHS took over operations of Munroe under a 40-year lease agreement with the Marion County Hospital District, which still owns the hospital. The Franklin, Tennessee-based company inherited the lease that went to Health Management Associates. CHS closed on the purchase of HMA just after the lease award.
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When announcing the sale, CHS stated that Adventist would assume the long-term lease. Joe Hanratty, the hospital district attorney, said assumption of the lease would include all its provisions as well. The hospital district, in addition to managing the proceeds of the lease, also enforces the lease agreement and its board of trustees must sign off on the sale before it is final.
What happens to MRMC employees?
In the short-term, nothing.









