ST. PETERSBURG — All Children's Hospital took a key step this week in its plan to become part of the prestigious Johns Hopkins Health System, when the pediatric hospital's governing board unanimously approved an agreement spelling out how the integration will work.
The deal could be finalized within 60 days, after the two sides complete the regulatory filings, said Cindy Rose, All Children's associate vice president for marketing and community relations.
Linking with the Baltimore institution will beef up All Children's education and research efforts, while giving Hopkins its first expansion outside the Baltimore-Washington area.
Though details have not been released, officials said no money will change hands, and All Children's will retain its name. Leadership and day-to-day operation of the 259-bed hospital and its other facilities in eight west Florida counties are not expected to change.
Florida residents would remain a majority of the All Children's board. Gary Carnes, All Children's president and chief executive, made the announcement Friday to about 200 staff members and doctors.
Richard Martin can be reached at email@example.com or (727) 893-8330.