Floyd-Polk hospital authority boards approve new joint foundation plan
Germany and Korea, and as a USAID agricultural advisor during the Vietnam War. Ironically, his most intense combat was likely while con
systems in the Mekong Delta for 5 years until the fall of South Vietnam in 1975.
Following his retirement from Foreign Service, Alex came back to the farm where he met his lovely wife Mary Helen Franklin. Together they retired to Foley, AL were Alex played golf most days with his many friends. He loved to keep Helen well
and thoughtful gifts while she equally pampered him. Those who knew Alex loved him and marveled at his unique mix of strength with tenderness, loyalty with forgiveness, and hardship with joyfulness. It added up to the very best friend, brother, uncle and husband. He is survived by his wife Helen and brother Col. James A Franklin, along with many nieces and nephews. He will be greatly missed. God rest his soul.
This is a courtesy announcement on the behalf of the Franklin family by Thomas Funeral Home.
life.
A Celebration of the Life of Elizabeth “Kay” Jernigan were conducted on Thursday, July 1, 2021 at 6 PM from the Chapel of Thomas Funeral Home with Reverend Jackie
The family received friends on Wednesday, June 30, 2021 from 6 PM until 8 PM at Thomas Funeral Home.
You may leave the family online condolences at www. thomasfuneralhomecalhoun. com
Thomas Funeral Home has proudly been entrusted with the care of Elizabeth “Kay” Jernigan.
JBailey@CalhounTimes.com
Both the Floyd and Polk hospital authority boards approved the creation of a joint Floyd-Polk Foundation on Tuesday.
That body will govern the use of approximately $150 million invested as part of the merger of Floyd Medical Center and its hospitals in Floyd, Polk and Cherokee County, Alabama, with North Carolina based Atrium Health.
The purpose, according to Floyd Medical Center
President and CEO Kurt Stuenkel, is to address disparities in healthcare in the FMC service area.
The interest from the funds is expected to be used for the foundation’s outreach programs and was estimated at $4 million to $5 million a year. Those earnings are expected to be used on projects and initiatives to address indigent care, disparities of care and social and as well as hospital equipment or services.
The proposal was approved Monday night by Floyd Healthcare Management Inc.
The funding for the FloydPolk Foundation comes as part of the merger agreement between Floyd and Atrium. The deal is still under review by the Georgia Attorney General’s office.
Floyd Healthcare Management’s board voted to move the merger forward in March and the proposal was sent to the AG’s office.
A public hearing concerning the deal was held at the Forum River Center on June 11. The state’s final report regarding the merger will be issued within 30 days of that date.
The member substitution agreement, once executed, establishes Atrium Health Georgia Inc., a subsidiary of the Charlotte-Mecklenburg Hospital Authority, as the sole member of Floyd Healthcare Management Inc.
The alliance, which is likely the largest business deal in Floyd County history, will likely pump in excess of $650 million, including the FloydPolk Foundation funding, into the Floyd system over the next 11 years.
The overall deal will likely close shortly after the AG’s office issues its report, Stuenkel said earlier.