Wellstar agrees to takeover of Augusta University hospitals

A photograph of the now defunct Wellstar Atlanta Medical Center in Atlanta. The Wellstar system announced on Tuesday, Dec. 27, 2022, that it would take over the Augusta University Health System after closing the money losing Atlanta hospital in November, prompting intense criticism. (John Spink/Atlanta Journal-Constitution via AP)

Georgia officials have approved the takeover of the Augusta University hospitals associated with the state’s only public medical school.

The state Board of Regents on Friday approved agreements to transfer control of the hospitals to Marietta-based Wellstar Health System, saying the deal may take effect in late summer.

Augusta University President Brooks Keel said in an online press conference that Wellstar would take over as the controlling legal entity of the health system, which will now be known as Wellstar MCG Health. The exact details of the transfer, first announced in December, remained unclear. Neither side immediately provided a copy of the associated contracts.