Charlotte County hospital sells for $260 million, renamed

The purchase includes the land for ShorePoint Health Punta Gorda, a local hospital that closed year after Hurricanes Helene and Milton.


  • By Louis Llovio
  • | 11:10 a.m. March 3, 2025
  • | 0 Free Articles Remaining!
ShorePoint Health Port Charlotte has 254 beds
ShorePoint Health Port Charlotte has 254 beds
Courtesy Image
  • Charlotte–Lee–Collier
  • Share

AdventHealth has closed on the purchase of ShorePoint Health in Port Charlotte.

The Altamonte Springs health care organization did not disclose a sale price but Nashville-based Community Health Systems, the hospital’s previous owner, say it sold for $260 million.

The 254-bed hospital has been renamed Advent Health Port Charlotte and more than 1,300 employees and 80 providers have moved over from Community Health.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content