Hospital giant buys 120-bed medical facility

DADE CITY — Adventist Health System, the parent company of Florida Hospital, agreed to purchase substantially all of the assets of the 120-bed Bayfront Health Dade City hospital in Pasco County and its related outpatient services.

According to a press release, the transaction will be finalized in the first quarter of 2018 and once official, the facility will join the west Florida division of Adventist Health System.

The sale agreement includes the 120-bed hospital at 13100 Fort King Road in Dade City, physician clinic operations and outpatient services. Financial terms were not disclosed.