Melbourne, Fla.-based First Choice Healthcare Solutions Inc. said Steward Health Care System is buying 5 million of its shares for $7.5 million.
Steward operates 36 hospitals in the U.S., making it the largest private hospital operator in the country.
First Choice Healthcare said the investment and strategic partnership will help expand its business model and national footprint.
Steward will be able to appoint two directors to the First Choice Healthcare board as a result of the investment.
