FSU owns a hospital: City of Tallahassee deal green-lit by trustees, governors

The Florida State University Board of Trustees and State University System Board of Governors gave approval Thursday for the university to purchase Tallahassee’s main hospital.

Both boards by voice votes approved the contract between FSU and the City of Tallahassee for $109 million to be paid over 30 years. That comes out to about $3.63 million per year and there is no interest charged.

“This is the first major step in building FSU Health and taking a big step toward improving health care, but also building clinical and biological biomedical research for Florida State University. So, it’s a big deal.” FSU President Richard McCullough said during the FSU meeting…

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