![]() At that time, Jackson was in financial trouble and it would have represented a hybrid business model, considering Jackson’s status as the safety net public hospital in Miami and Steward is a for-profit company. In 2011, the company offered to buy Miami's Jackson Health System for $1.1 billion dollars. Steward tried to get into the regional health care industry 10 years ago. The Florida Channel Leon County Judge John Cooper on June 30, 2022, in a screen grab from The Florida Channel. Just from pure demographics, it makes a lot of sense. We know that it's a market that is positioned for continued growth. "We absolutely love the South Florida market. "These facilities have a number of things that make them incredibly appealing to us," said Stewart Health North America president Dr. Steward has expanded its hospital and medical center footprint from its traditional base in Massachusetts to 10 states and two countries. De la Torre, a cardiac surgeon, put together Steward Health through a series of deals over the past 11 years with the help of a private equity investor. ![]() Steward Health Care is the largest physician-owned health network in the country. Together the facilities have more than 2,000 hospital beds. The deal that is personal expands Steward's presence in Florida with North Shore Medical Center, Hialeah Hospital, Palmetto General, Coral Gables Hospital and Florida Medical Center. It was very personal and it is very personal." "It's where I go when I visit my mom, my brother. It's home for many of us," he said.ĭe la Torre grew up in Florida after his parents fled Cuba in 1960. In August, the company closed on a $1.1 billion purchase of five hospitals in Miami-Dade and Broward counties. It is the newest player in the South Florida health care market. Ralph de la Torre ignored that adage.ĭe la Torre is the founder, chairman and CEO of Steward Health Care. There's a saying that business should not be personal.
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