Atlanta group could take over Augusta University hospitals
ATLANTA (AP) — An Atlanta-area hospital system could take over the hospitals affiliated with Georgia's only public medical school under a deal anno...
ATLANTA (AP) — An Atlanta-area hospital system could take over the hospitals affiliated with Georgia's only public medical school under a deal announced Tuesday.Augusta University Health System said it signed a letter of intent to join the Marietta-based nonprofit Wellstar Health System. Any deal is far from final though, and spokespersons on Tuesday said they could not answer key questions, including how much Wellstar might pay to take over the system's hospitals. It would be part of a series of hospital mergers in Georgia and nationwide, as standalone hospitals become large enough systems to afford massive investments in electronic record systems — and also have the market power to negotiate more lucrative payment agreements with insurers.