Florida State University has secured approval from its board of trustees and the Florida Board of Governors to acquire hospital assets from the City of Tallahassee, advancing plans to expand its academic health system.
The decision follows a March 11 vote by the Tallahassee City Commission authorizing the transfer of the municipally owned hospital assets. With all required approvals now in place, the transaction is cleared to move forward.
Under the agreement, Florida State will take ownership of the hospital property, while Tallahassee Memorial HealthCare will continue to operate the facility through a long-term lease. TMH will retain responsibility for patient care, staffing and day-to-day operations.
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University leadership framed the move as a foundational step in building FSU Health, an academic health system intended to integrate clinical services with education and research. “This is the first major step in building FSU Health and taking a big step toward improving healthcare, but also building clinical, biological and biomedical research for Florida State University,” FSU president Richard McCullough said during a board meeting.
The arrangement formalizes an existing collaboration between the university and the Tallahassee-based health system. Officials from both organizations have indicated the partnership is intended to expand graduate medical education, support clinical services and increase research capacity across North Florida.
The transaction also aligns with ongoing development of the FSU Health Research Center, located on the TMH campus. The facility is designed to house clinicians, researchers and students in a shared environment and is expected to open later this year.
Conditions tied to the transfer include deed restrictions requiring the property to remain a hospital and to continue providing charity care. TMH leaders have said the organization’s mission and service commitments will remain unchanged under the new ownership structure.