After nearly one-and-a-half hours of public comment, the Sarasota County Public Hospital Board unanimously agreed the Sarasota Memorial Healthcare System isn’t for sale March 18.
The board determined selling Sarasota Memorial to a for-profit or non-profit firm wouldn’t benefit the system.
The average homeowner in Sarasota County paid about $200 in the 2012 fiscal year to Sarasota County Public Hospital District.
The taxing authority, which the Florida Legislature established in 1949, runs Sarasota Memorial Healthcare System.
That could change if the district’s nine-member board decides to sell the hospital system’s assets, a move that became a possibility during a March 18 public hearing that revealed Sarasota Memorial is worth between $425 million and $475 million.
Ponder & Co. performed five varying valuations using the hospital’s financials and three methodologies with results that ranged from $328 million to $558 million.
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2 3rd annual 'Power of the Girl' Business Breakfast
2 French apÃ©ro evening
5:00 pm - 7:00 pm
2 Florida's Children First 2014 Sarasota Reception
5:30 pm - 7:30 pm
2 'Safe Sex Halloween Bash: Midnight on the Bayou' Pre-Party Kiki
7:00 pm - 11:00 pm
Bridging the gap
The Children’s Guardian Fund wants to help teens get hired.
Win big in two Observer contests
Starting in October, the Observer will now offer prizes for winners of the weather photo contest, sponsored by Manasota Flooring Inc.
Can you dig it?
Third- and fourth-grade students of Temple Beth Sholom had a chance to brush up on their paleontology skills last week while digging for faux dinosaur bones.