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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27 Thanksgiving Free Public Talk & Veggie Potluck
10:00 am - 3:00 pm
29 Light Up Siesta Village and Holiday Parade
5:00 pm - 9:00 pm
30 Advent Procession
3 Rachel's Challenge Anti-Bullying Event hosted by The Cal Ripken, Sr. Foundation
6:30 pm - 8:30 pm
Cops Corner: Sarasota
Enjoy this week's edition of Cops Corner.
World on a string
The exchange of goods and chatter are the usual soundtrack for the Saturday morning Downtown Farmers Market on Orange Avenue.
Read all about it
Bookstores across the state celebrated Florida Bookstore Day Saturday. Bookstore1 held an all-ages literary party and read-a-thon for customers and members of the community.