The Citrus County Hospital Board was created by a special act of the Florida State Legislature in 1949 to serve the hospital system and provide medically necessary healthcare for all Citrus County residents, regardless of their ability to pay. Governor-appointed Trustees operate the Hospital Board for four-year terms.
Citrus Memorial Hospital is a public hospital owned entirely by Citrus County taxpayers, and is overseen by the five-member Citrus County Hospital Board of Trustees.
In 1987, the Hospital Board created the Citrus Memorial Heath Foundation, Inc. (Foundation), a private management corporation. In 1990, the Hospital Board leased Citrus Memorial Hospital to the Foundation. The Lease and Agreement for Hospital Care and Florida law govern the relationship between the Hospital Board and the private management Foundation. In 2014, the Citrus County Hospital Board and Citrus Memorial Health Foundation transitioned the Management of the hospital to Hospital Corporation of America