At the commissioners' meeting, Wake County's legal team summarized legal changes negotiated into the amended transfer agreement and articles of incorporation that the board considered on Sept. 21.
County Attorney Roger Askew and staff described the most consequential changes: retention of a county reversionary interest in restricted real property; an increased minimum indigent-care requirement from 4.8% to 8% of total adjusted revenue; a new Wake County Whole Health Program funded at $15 million per year for 10 years (total $150 million) for community investments; and a covenant barring certain extraordinary debt-collection practices (including sale of debt, credit bureau reporting, liens and wage garnishment to the extent prohibited by state law).
Askew further explained enforcement mechanisms available to county-appointed community directors on the WakeMed board. If a majority of local community directors determines Atrium has breached its obligations, they can force mandatory mediation; if mediation fails, they can submit disputes to binding arbitration. Attorneys also emphasized that the $2 billion capital commitment had been renegotiated so it would come from Atrium sources only and be payable over 15 years, and that the governor's negotiated rate-cap letter must be incorporated before the chair signs the transfer agreement.