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Tanner Health System seeks county backing for up to $250 million of bonds to fund two hospital expansions
Summary
Tanner Health System asked Carroll County to authorize contingent backing for tax‑exempt bonds (not to exceed about $250 million) to finance hospital additions in Carrollton and Villa Rica and to refinance prior debt if market conditions permit.
Lloyd Howard, president and CEO of Tanner Health System, and Gabe Agan of Raymond James presented a financing request asking Carroll County to authorize intergovernmental support for tax‑exempt bonds to finance major Tanner capital projects and possible refunding of prior issues.
Howard described planned investments: a three‑story Carrollton tower adding 50 inpatient beds (about 95,000 square feet; roughly $75 million estimated), and a four‑story Villa Rica facility primarily focused on women's services with med‑surg and same‑day surgery capacity (roughly $80 million and 27 additional same‑day surgery beds). He said Tanner serves a broad regional population across multiple Georgia and Alabama counties and cited the system's clinical…
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