Steward Health Care System has successfully completed the acquisition of five hospitals in South Florida from Tenet Healthcare including North Shore Medical Center, Coral Gables Hospital, Hialeah Hospital, Palmetto General Hospital in Miami-Dade County, and Florida Medical Center in Fort Lauderdale.
Founded by CEO Ralph de la Torre, MD, who grew up in Florida, the son of Cuban immigrants, Steward Health Care’s physician-led model was built to help patients unlock access to high-quality, compassionate, value-based care in more communities across the U.S. and internationally.
“Steward Health Care takes a physician’s approach to patient care. Everything we do is about improving our patients’ well-being, which requires not only tailoring care to each patient, but also learning from and engaging with every community we serve,” said Dr. de la Torre. “I am humbled by the opportunity to expand our footprint in my beloved home state. We know there are health challenges here and we are eager to work with local leaders to address them together.”
The five new Steward hospitals will be overseen by Dr. Sanjay Shetty, Steward’s President of North America. Dr. Shetty has held numerous leadership roles at Steward Health Care, overseeing the growth and expansion of care around the United States. As the global pandemic grew, Dr. Shetty led and oversaw the establishment and implementation of innovative clinical protocols to meet the challenges posed by COVID-19.
“Steward understands that combatting the resurgence of the COVID pandemic in South Florida is our most urgent and immediate priority,” said Dr. Shetty. “Already, we have begun to redeploy PPE, ventilators, and other vital supplies needed for the care of COVID patients from our other facilities throughout the country to hospitals in this market. As a physician-led hospital system, we are committed to providing all our patients with access to critical supplies and treatments, and we will work hard to build trust and ensure the best possible outcomes by listening to and learning from our partners in South Florida.”
In addition to Dr. de la Torre, several Steward senior leaders have deep personal and professional ties to the region. Dr. Octavio Diaz, Steward’s Chief Medical Officer, previously practiced at several of the newly acquired facilities. Mr. Rubén J. King-Shaw, Jr., Steward’s Chief Strategy Officer, served as Chief Operating Officer for Neighborhood Health Partnership prior to serving as Florida’s Secretary of the Agency for Health Care Administration under former Governor Jeb Bush.
This transaction brings Steward’s total hospital count to 44 worldwide and more than doubles its presence in Florida.