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LMC Purchases Sun Coast Hospital

Director of Marketing/Public Relations:
Tammy Robiconti
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February 29, 2008

Largo Medical Center Purchases Sun Coast Hospital

Largo, FL – Largo Medical Center, Inc., an affiliate of HCA, has completed the purchase of Sun Coast Hospital, according to Ricky Satcher, Chief Executive Officer of Largo Medical Center. The purchase becomes effective at midnight today.

The closing of the transaction and transfer of ownership was completed after customary regulatory review and approval of the Bankruptcy Court. Largo Medical Center signed an agreement to acquire Sun Coast Hospital on December 28, 2007.

Sun Coast hospital is a 200 bed, full service, in-patient acute care hospital that going forward will operate as a facility of Largo Medical Center.

Largo Medical Center will become a 456-bed acute care facility, making it one of the largest hospitals in Pinellas County.

“We are very excited to welcome the Sun Coast Hospital staff to our team,” said Satcher.  “Sun Coast has a rich tradition of providing excellent health care services to the community and graduate medical educational programs to new physicians. We will be working closely with the staff at Sun Coast to provide complimentary services to ensure that residents of Largo and surrounding communities continue to have access to quality patient care and services.”

The sale will have no effect on scheduled patient appointments or surgeries, or scheduled community health events and classes.

About Sun Coast Hospital
Initially established in 1957 by Dr. Alan J. Snider as an 18-bed acute care hospital, Sun Coast Hospital has grown to a 200-bed acute care hospital with a 10,000 square foot emergency room. The hospital provides a broad range of services, including acute care in-patient rehabilitation, general surgery, imaging services and behavioral medicine.   Sun Coast Hospital earned the Gold Seal from the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) and is a Primary Stroke Center.

About Largo Medical Center
Largo Medical Center, a 256-bed acute care hospital, is recognized for its excellent care, cutting-edge technology, modern facilities and outstanding medical staff. It is the only hospital in the area offering all private patient rooms. Largo Medical Center has been ranked seven times as a “Top 100” Hospital by Solucient, Inc., for overall care. In addition, Largo has received the Top 100 designation specifically for cardiovascular, orthopedic, stroke and intensive care, as well as the JCAHO Gold Seal of the Joint Commission on Accreditation of Healthcare Organizations. Specialty programs include Largo Heart Institute, Florida Knee & Orthopedic Pavilion and Spine Care Center as well as emergency, medical, surgical, rehabilitation and critical care services plus accredited Cancer Care and Diabetes Care programs.

 

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