From Yahoo Finance: 2025-04-04 03:15:00

David Banks has been named the new CEO and president of AdventHealth, replacing Terry Shaw ahead of schedule. Banks has been with the health system for over 30 years, holding various leadership roles. AdventHealth operates over 2,000 care sites, including 55 hospitals, generating $2.3 billion in operating income last year.

AdventHealth recently finalized the purchase of ShorePoint Health for $260 million, expanding its presence in the Florida market. The health system aims to be a $32 billion system in annual operating revenue by 2030, with plans to invest about $8 billion in Florida between 2025 and 2030.

Read more: AdventHealth taps David Banks as CEO and president