The Wake County Board of Commissioners plans to vote Monday to alter WakeMed’s articles of incorporation and a land deal between the county and hospital system to pave the way for a merger with Charlotte-based Atrium Health.
Under the agreement, Atrium will commit to at least $2 billion in capital investments over the next decade to boost WakeMed’s “strategic initiatives.”
The WakeMed Board of Directors approved the merger at its April meeting, according to briefing materials prepared for the Wake County Board of Commissioners. Under the agreement, the hospital would remain a nonprofit with Atrium as its sole member…