Steward buys sixth hospital in area, former Miami Medical Center
Written by Miami Today on May 3, 2022
Steward Health Care, a national physician-led integrated health care system, has purchased the former Miami Medical Center property from Nicklaus Children’s Health System.
The hospital facility at 5959 NW Seventh St. was initially acquired in 2014 and refurbished as part of a joint venture involving 60 physician investors, Children’s Health Ventures Inc., a subsidiary of Nicklaus Children’s Health System, and Nueterra, a global organization that collaborates with physicians and health systems to fund, build and manage healthcare facilities. When the joint venture didn’t meet expectations, the hospital closed in 2017 and Nicklaus Children’s later acquired the hospital and associated properties.
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