U-M Health System
June 29, 2020
Costs from the COVID-19 pandemic dramatically affected financial results for Michigan Medicine’s clinical operations, resulting in a forecasted $3 million operating loss for the fiscal year ending June 30.
June 20, 2019
Michigan Medicine is projecting an anticipated 3.8 percent operating margin — $178 million on forecasted operating revenues of $4.7 billion — for the end of the 2019 fiscal year.
March 28, 2019
Michigan Medicine and the Lansing-based Sparrow Health System have signed an affiliation agreement paving the way for ongoing collaboration between the two systems.
October 11, 2018
Nurses represented by the U-M Professional Nurses Council have ratified a three-year contact with Michigan Medicine, U-M’s academic medical center.
September 4, 2018
Michigan Medicine has announced the expansion of its health care services with the opening of the new Brighton Center for Specialty Care.
August 14, 2018
Michigan Medicine’s adult hospitals were ranked No. 5 in the nation by U.S. News & World Report’s “Best Hospitals” rankings for 2018-19, and placed No. 1 in Michigan.
June 21, 2018
Michigan Medicine reported positive results for the end of the 2017-18 fiscal year, with an anticipated 2.4 percent — or $103 million — operating margin on budgeted operating revenues of $4.3 billion.
February 15, 2018
Saint Joseph Mercy Health System and Michigan Medicine have signed a definitive agreement to establish a master affiliation and a joint venture for St. Joseph Mercy Chelsea hospital.
August 8, 2017
Ranked No. 1 in Michigan and No. 6 in the country, Michigan Medicine’s adult hospitals were recognized among the best in the nation by U.S. News & World Report for 2017-18.
January 9, 2017
Michigan Medicine is the new name of the U-M academic medical center, a change that better reflects its missions of patient care, education and research.