University of Michigan resumes $920 million hospital build

Dive Short:

  • Citing increasing financial conditions, the College of Michigan will resume building of a $920 million medical center in Ann Arbor that was accredited in late 2019 but was shuttered past year owing to the pandemic.
  • Michigan Medication mentioned in a statement on its website it will get back to function on the 12-story facility, which was halted in Could amid wide-ranging price cuts to offset projected losses of up to $230 million for fiscal 2020 arising from caring for COVID-19 clients even though numerous nonemergency products and services ended up postponed.
  • “Michigan Medicine is eager to resume development on this transformative new clinic. We know this new facility will let a lot more clients to obtain our treatment,” explained Dr. David Miller, president of the College of Michigan Overall health Procedure, in the statement. “We are usually functioning at almost 90 p.c capacity in our present hospitals, so
Read More