The Georgia Attorney General’s office has approved a planned partnership between the Wellstar and Augusta University health systems first announced late last year. A Report of Findings released last week gave the plan regulatory approval to move forward, as is required by a state law governing hospital acquisitions.
The boards of Wellstar and the Augusta University Health System signed off on a 40-year agreement in March. The partnership will expand the university’s health sciences training and research across the state and build a broader affiliation between Wellstar and Augusta University’s Medical College of Georgia.
In the agreement, Wellstar has committed to investing nearly $800 million over 10 years in Augusta Health facilities and infrastructure. Additionally, capital for a new hospital, medical office building, and ambulatory surgery center in Columbia County will be included in the funding.