Georgia Well Takeover
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FAQ
Wellstar Health System and Augusta University Health System (AUHS) are pleased to announce that today is our first day as a unified system. AUHS will now be known locally as Wellstar MCG Health.
As part of the 40-year deal, Wellstar is assuming $234 million in debt and will pay the university system at least $111 million to use the Medical College of Georgia name. Formerly Augusta University Health System, the hospitals will now be called Wellstar MCG Health.
AUHS will now be known locally as Wellstar MCG Health. Together, Wellstar and Wellstar MCG Health will revolutionize healthcare and enhance the well-being of communities across Georgia.
Wellstar Health System's closing of Atlanta Medical Center last November citing "revenue losses" came with devastating effects on the surrounding community, and accusations of 'healthcare redlining' in light of its recent $800 million merger with Augusta University Health System.
(Augusta) Augusta University, home of the Medical College of Georgia, is one of only four public comprehensive research institutions in the state of Georgia and the state's only public medical school.
Wellstar is set to take over the Augusta health system. In the merger, Wellstar will become the sole corporate member of AU Health and will have a 40-year contract with the University System of Georgia Board of Regents.
Wellstar is set to take over the Augusta health system. In the merger, Wellstar will become the sole corporate member of AU Health and will have a 40-year contract with the University System of Georgia Board of Regents.
