Florida Hospital no longer seeks Sanford Burnham assets

 

 

 

 

Good morning, !

Hospital has withdrawn its plan to establish a cancer-research facility in the Sanford Burnham Prebys Medical Discovery Institute at Lake Nona. The University of Central Florida had a similar competing proposal for Sanford Burnham’s assets.

The hospital’s decision to pull out of the competition comes after a Jan. 23 county commission meeting where the University of Central Florida and Florida Hospital presented their competing proposals to take over the assets of the Sanford Burnham Prebys facility as the institute winds down its local operations.

Florida Hospital, which would have teamed up with Tampa’s H. Lee Moffitt Cancer Center, wanted to transform the 175,000-square-foot facility into a National Cancer Institute-designated comprehensive cancer center, which would be a first in Central Florida, and create hundreds of high-wage jobs.

However, unbeknownst to Orange County, Florida Hospital entered into an exclusive agreement with Sanford Burnham, a secret deal that ultimately backfired. At the end of the county meeting, most of the commissioners said they favored transferring the Sanford Burnham assets to and/or making this an open bid process.

The next step for the county is either to select UCF’s proposal and negotiate the transfer of assets or request more proposals as part of an open process.

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