{"id":206962,"date":"2026-03-26T14:32:14","date_gmt":"2026-03-26T14:32:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/206962\/"},"modified":"2026-03-26T14:32:14","modified_gmt":"2026-03-26T14:32:14","slug":"fsu-board-approves-hospital-transfer-between-tallahassee-university","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/206962\/","title":{"rendered":"FSU board approves hospital transfer between Tallahassee, university"},"content":{"rendered":"

Florida State University’s<\/a>\u00a0Board\u00a0of Trustees\u00a0has\u00a0approved\u00a0the\u00a0transfer of\u00a0Tallahassee\u00a0Memorial HealthCare<\/a>\u00a0assets between the city of Tallahassee and\u00a0FSU.<\/p>\n

The board met\u00a0virtually March 26\u00a0for the unanimous vote, which comes hours before the Florida Board of Governors<\/a> is set to meet to give the\u00a0transfer\u00a0its own stamp of approval\u00a0during a full board meeting at 12:40 p.m. EST on the University of\u00a0West Florida’s campus\u00a0in Pensacola.<\/p>\n

\u201cThis is the first major step in building FSU Health and taking the big step toward improving health care, but also building clinical, biological and biomedical research for Florida State University,” FSU President Richard McCullough said during the morning meeting, “so it’s a big deal.”<\/p>\n

\"Florida<\/p>\n

Florida State University President Richard McCullough attends the Board of Governors meeting on Thursday, Jan. 29, 2026.<\/p>\n

McCullough attended the university board meeting from a conference room on UWF\u2019s\u00a0campus along with FSU board chair Peter Collins, FSU Vice President for Finance & Administration Kyle Clark and FSU trustee and Student Body President Carson Dale.<\/p>\n

City commissioners approved the transfer of the city’s TMH assets to FSU\u00a0in a 3-2 vote<\/a>\u00a0on March 11, relinquishing ownership of the hospital Tallahassee has claimed as its own for\u00a0nearly 80\u00a0years.<\/p>\n

Related news: From division to decision: Four takeaways from final TMH-FSU vote<\/a><\/p>\n

City holds final vote on sale of Tallahassee Memorial HealthCare<\/p>\n

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Florida State University President Richard McCullough, left, speaks with Tallahassee Memorial HealthCare CEO Mark O\u2019Bryant after the City of Tallahassee voted 3-2 to sell TMH to FSU on Wednesday, March 11, 2026.<\/p>\n

\u201cIt\u2019s been a long process,\u201d Collins said, \u201cbut this is going to be transformational for the university, Tallahassee, North Florida and TMH.\u201d<\/p>\n

The city’s agreement with FSU includes a pledge that university administrators will spend\u00a0$1.7 billion\u00a0to invest locally over the next 30 years \u2013 though the agreements make clear that this is on the condition of the legislature appropriating “a sufficient amount for FSU to perform its obligations under this agreement.”<\/p>\n

For the transfer of the assets, the city will charge FSU $109 million, which will be contributed back to citizens in annual installments of $3.63\u00a0million\u00a0over the 30 years.<\/p>\n

\u201cThis was a tremendous amount of effort,\u201d said FSU trustee Jorge Gonzalez, who is also president, CEO &\u00a0chairman\u00a0of The St. Joe Company. \u201cIt required a lot of patience and a lot of intestinal fortitude to navigate the process.\u201d<\/p>\n

As the Board of Governors is set to vote on the hospital transfer, its full board meeting can be viewed on\u00a0The Florida Channel\u2019s website<\/a>.<\/p>\n

Tarah Jean is the higher education reporter for the Tallahassee Democrat, a member of the USA TODAY Network \u2013 Florida. She can be reached at\u00a0tjean@tallahassee.com<\/a>. Follow her on X:\u00a0@tarahjean_<\/a>.<\/p>\n

This article originally appeared on Tallahassee Democrat: FSU Board of Trustees approves TMH hospital transfer from Tallahassee<\/a><\/p>\n