Detroit Medical Center

Detroit Medical Center logo
Harper Hospital and Hutzel Women's Hospital are part of the Detroit Medical Center

The Detroit Medical Center (DMC) is a for-profit alliance of hospitals that encompasses over 2,000 licensed beds, 3,000 affiliated physicians and over 12,000 employees. Located in Midtown Detroit, the DMC is affiliated with medical schools from Wayne State University and Michigan State University. Detroit Medical Center hospitals are staffed by physicians from the Michigan State University College of Osteopathic Medicine and the Wayne State University School of Medicine, the largest single-campus medical school in the United States and the nation's fourth largest medical school overall.[1][2] The Detroit Medical Center is fully accredited by the Joint Commission on Accreditation of Healthcare Organizations.

The Detroit Medical Center is the official healthcare services provider for the Detroit Tigers and the Detroit Red Wings.[citation needed]

On March 19, 2010, Vanguard Health Systems and Detroit Medical Center announced an $850 million expansion and renovation plan.[3][4] Detroit Medical Center formally became a part of Vanguard Health Systems on December 30, 2010, as a for-profit corporation. Vanguard agreed to invest nearly $1.5 billion which included $417 million to retire debts, at least $350 million in capital expenditures and an additional $500 million for new capital investment in Detroit Medical Center.[3][4] Vanguard has agreed to assume all debts and pension obligations.[4] In June 2013, rival Tenet Healthcare announced it would purchase Vanguard for $1.73 billion.[5] The transaction closed October 3, 2013.

  1. ^ "Careers". Detroit Medical Center. Retrieved 2020-07-07.
  2. ^ "About the School". Wayne State University School of Medicine. Retrieved 2011-02-07.
  3. ^ a b Anstett, Patricia (March 20, 2010). "$1.5 Billion for new DMC" (PDF). Detroit Free Press. DMC.org. Archived from the original (PDF) on September 5, 2012. Retrieved 2010-06-02.
  4. ^ a b c Lane, Amy (June 11, 2011). "For-profit Vanguard signs deal to buy nonprofit Detroit Medical Center". Crain's Detroit Business. Retrieved 2011-02-07.
  5. ^ Kelly, Susan; Dey, Esha (24 June 2013). "Hospital chain Tenet to buy Vanguard Health for $1.73 billion". Reuters. Retrieved 2014-04-22.