Ousted CEO to Cede Control of 5 Florida Hospitals in Settlement
Healthcare Systems of America-Florida and its founder and former CEO, Mike Sarian, PhD, have agreed to settle two Miami-Dade County lawsuits that accused him of financial misconduct, according to court documents obtained by Becker's Hospital Review.
As part of the deal, Sarian will cede control of five Florida hospitals operated by HSA-Florida. The company told the Miami Herald on Nov. 11 that dismissal of the Miami-Dade litigation is being exchanged for Sarian giving up control, ending a bitter governance dispute at the top of the organization.
HSA stepped in to run facilities tied to the collapse of Steward Health Care, the Dallas-based system whose 2024 bankruptcy forced the sale or closure of hospitals across several states. The settlement underscores how unstable the operators that absorbed Steward's assets remain, and how quickly leadership fights and misconduct claims can threaten continuity of care for the communities these hospitals serve.
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