Mar 26, 2026
The Florida Board of Governors approved the transfer of Tallahassee Memorial Healthcare from the City of Tallahassee to Florida State University Thursday, marking a major step toward the creation of FSU Health.The approval on Th ursday follows a similar vote by FSUs Board of Trustees earlier in the day."Its a big deal and we appreciate all the help," Richard McCullough said during the Board of Trustees Meeting Thursday.McCullough, the President of FSU, said the transfer is the first major step in building FSU Health. Advocates for the deal have highlighted their support for an Academic Medical Center in hopes of bringing talent and innovation to the area."A big step toward improving healthcare but also building clinical and biological research," McCullough said.Leaders across the State highlighted their support for the deal."I just want to congratulate you on a thoughtful and well-reasoned approach to this," Board of Governors Member Alan Levine said. "And I think you guys have done something here that is demonstrative of how a university would require a hospital in terms of making sure you're not taking on an entity that's losing money or potentially failing financially.""It will not only rebrand the great brand of Florida State, but it will send a message of our commitment to help the poorest among us," Member Douglas Broxson said.Kyle Clark, Senior Vice President for Finance and Administration with FSU provided details to the Board of Trustees about the transfer, including the schools commitment to charity care and financial commitments of $359 million over the next 30 years.However, the transfer has not been without pushback. The City Commission passed the measure 3-2, with Commissioners Porter and Matlow in dissent. Local leaders and community members have highlighted concerns about a lack of clarity regarding the details of the transfer."I think that we need to move away from the prospect of acting in good faith, especially as a local government," Delaitre Hollinger said following the City vote earlier this month."We, as individuals, as private business owners, as private citizens, don't act on good faith. We put things in writing. We have signed contracts because we know just how important that is."Per information from a March 11 City Commission meeting, zero out of 17 documents have been signed.A spokesperson for FSU said negotiations over the final Transfer of Assets Agreement remain ongoing between the City and the University.According to FSU leadership, once the transfer of assets agreement is signed by the City and FSU, the University will have 90 days to inspect the property. Closing will take place 60 days after that.This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.Want to see more local news? Visit the WTXL ABC 27 Website. Stay in touch with us anywhere, anytime.Like us on FacebookFollow us on Instagram and X. ...read more read less
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