Modern Healthcare Staff Crain's Detroit Business [email protected] Crain's Detroit Business team See All Staff Page Recent Stories Blue Cross Michigan, UAW say they have a tentative deal to end strike The UAW said late Tuesday the verbal agreement includes the reduction of wage progression from 22 years to five and significant general wage increases. New Henry Ford Health, MSU campus seeks $273M in public funding The hospital campus will include the construction of 1.84 million square feet of new space, including a new $203.3 million shared services building. Corewell Health parts ways with president of former Beaumont hospitals after a year Dr. Ben Schwartz was hired in July last year to lead the eight former Beaumont Health hospitals, now called Corewell Health East. American Hospital Association selects Corewell CEO as next chair Tina Freese Decker will be the top elected official of the AHA, which represents more than 5,000 hospitals and 43,000 healthcare leaders in the U.S., in 2025. Henry Ford Health launches its largest fundraising campaign The hard work of raising money begins as the Detroit health system aims to land donors for its planned $1.8 billion hospital. Trinity Health president speaks on financial problems with new operational solutions Shannon Striebich, president of Trinity Health Oakland and Trinity Health Livonia, discusses overcoming the current healthcare woes the industry is facing. Michigan surgeon, rehab center indicted for $11M Medicare scheme Dr. Mustafa Hares was indicted for completing fraudulent patient charts for kickbacks from Michigan-based substance abuse therapy facility, Centre HRW. Nearly 40% of Michigan hospital nurses want to quit within a year: survey New University of Michigan survey data show that the rate at which nurses plan to leave the profession has risen sharply statewide. Michigan Medicine acquires Sparrow Health in $800M deal The combined health system is now a $7 billion health system that operates more than 200 locations. Michigan-based Sparrow Health reports $171.5 million loss in 2022 The system was hardest hit by rising wages for its staff. Compensation and benefits expenses grew by more than $55.2 million in 2022 over the year prior. Corewell Health operations finish 2022 profitable after Beaumont-Spectrum merger The Michigan-based health system recorded nearly $157.8 million in net operating income on $13.8 billion in total operating revenues across all business units. HAP, CareSource to expand Medicaid coverage with joint venture Henry Ford Health's integrated insurer, HAP provides coverage to fewer than 40,000 in Michigan while CareSource has 2.3 million members in seven states. Despite tough financial times, health systems play long game by betting on new hospitals Henry Ford Health announced a $2.2 billion redevelopment in Detroit this week, but the project comes at a time when hospital financial margins have shrunk. Henry Ford Health's $2.2B redevelopment to transform Detroit campus The investment includes the construction of a $1.8 billion, state-of-the-art patient tower and a research facility in partnership with Michigan State University. Pro-Russia hacker group targets University of Michigan Health websites Monday's attack targeted U.S. hospital systems in California, Pennsylvania, North Carolina and Michigan. Load More Sponsored Content
Modern Healthcare Staff Crain's Detroit Business [email protected] Crain's Detroit Business team See All Staff Page
