Article: Contract Signed for Transfer of OSU Medical Center

Oklahoma State University Center for Health Sciences issued the following news release:

A City of Tulsa trust voted today to sign an agreement regarding the transfer of ownership of the OSU Medical Center from Ardent Health Services, the parent company of Hillcrest HealthCare System. The agreement reached between the Oklahoma State University Medical Center Trust and Ardent follows recently-passed legislation that allows state funding of $5 million per year for the next five years to support the continued operations of OSU Medical Center.

St. John Health System has agreed to serve as the contracted management service provider to operate OSU Medical Center on behalf of the Trust. Ardent and ...

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