ShorePoint Health Port Charlotte is now AdventHealth Port Charlotte
Rhea-AI Summary
AdventHealth has acquired ShorePoint Health Port Charlotte, a 254-bed full-service hospital in Florida, from Community Health Systems (NYSE: CYH) in a deal that closed on March 1, 2025. The acquisition includes related businesses, physician clinic operations, outpatient services, and the ShorePoint Emergency Department in Cape Coral.
The transaction brings over 1,300 team members and 80 providers into AdventHealth's network. The deal also includes the land where ShorePoint Health Punta Gorda was located, which was permanently closed following hurricane damage. Adam Johnson, former COO of AdventHealth Ocala, has been appointed as president/CEO of the newly renamed AdventHealth Port Charlotte. In his previous role, Johnson oversaw more than $70 million in capital projects and led physician recruitment efforts.
Positive
- CYH successfully divested hospital assets
- Deal includes valuable real estate and multiple healthcare facilities
- Emergency Department in Cape Coral included in transaction
Negative
- Loss of Punta Gorda facility due to hurricane damage
- Reduction in CYH's market presence in Florida
News Market Reaction 1 Alert
On the day this news was published, CYH gained 2.99%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The hospital and its related facilities have joined AdventHealth's robust network of care
The new name reflects AdventHealth's national brand and network of care. All related care sites and physician practices have also been rebranded to AdventHealth.
"We are honored to bring AdventHealth's unique brand of whole-person care to
The purchase agreement with affiliates of Community Health Systems, Inc. (NYSE: CYH), closed on March 1, 2025, and includes the land where ShorePoint Health Punta Gorda is located as well as related businesses, such as physician clinic operations, outpatient services and the ShorePoint Health Emergency Department in
The hospital site in
"AdventHealth is thrilled to welcome the talented and resilient teams at ShorePoint Health into our integrated health network, building on their strong legacy of serving the
AdventHealth has appointed Adam Johnson as president/CEO for AdventHealth Port Charlotte which also includes the offsite emergency room located in
Johnson most recently served as chief operating officer for AdventHealth Ocala, where he helped recruit multiple new physicians and directed more than
"I'm honored and humbled to be called to lead in
AdventHealth is committed to a smooth transition with a focus on supporting team members and providers while continuing to deliver safe, high-quality, whole-person care to patients.
About AdventHealth
AdventHealth is a connected network of care that helps people feel whole – body, mind and spirit. More than 100,000 team members across a national footprint provide whole-person care to nearly nine million people annually through more than 2,000 care sites that include hospitals, physician practices, ambulatory surgery centers, outpatient clinics, home health agencies, hospice centers, the AdventHealth app and more. Our wholistic approach to improving the health and prosperity of our communities is inspired by our mission to extend the healing ministry of Christ. For the latest information about AdventHealth, visit AdventHealth.com/news.
View original content:https://www.prnewswire.com/news-releases/shorepoint-health-port-charlotte-is-now-adventhealth-port-charlotte-302390277.html
SOURCE AdventHealth West Florida Division