Lease Proposal

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The CHS Early Lease Renewal Proposal Includes a $350 Million+ Commitment

Community Health Systems is offering a comprehensive investment plan of more than $350 Million as part of an early lease renewal proposal.

This plan will fast-track major upgrades and expand healthcare services across the Lower Keys, at Lower Keys Medical Center, and at the DePoo Medical Building campus to ensure high-quality care for Key West residents — now — and for years to come.

The proposal includes $65 Million in Investments over the Next Five Years

• $15 million towards a Lower Keys Medical Center Emergency Department (ED) expansion and upgrade to speed triage and emergency care, reduce ER length of stay, and enhance the patient experience.
• $30 million towards additional new, major renovations at Lower Keys Medical to include modern upgrades to all patient rooms and updated infrastructure to enhance and fortify the hospital building.
• Significant investments in oncology care to deliver more cancer screenings and diagnostic services, medical oncology, and other support for cancer care.
• $10 million to expand mental health services and to construct a new parking deck at the DePoo Medical Building campus.
• $7 million towards modern medical technology and equipment upgrades, including the installation of an advanced, permanent MRI.

Additional, Long-Term Commitments total at least $300 Million

• $100 million in additional capital investments to ensure continuous expansion of services and upgrades to healthcare services and facilities over the next 30 years.
• $200 million in provider practice investments to enable access to more doctors and to strengthen healthcare services in the Lower Keys.

How CHS Will Help Keep Care in the Keys

As an isolated island community, Key West requires a hospital operator fully committed to delivering healthcare services in the Lower Keys, not one incentivized to transfer patients to Miami.

CHS will make immediate investments to expand access to health services, recruit physicians to the community, upgrade facilities, and improve the patient experience.

If the lease is not renewed early, Key West may end up waiting years for critical decisions about the future of healthcare in the Lower Keys, potentially deferring investments until at least 2029 when the current lease expires.