March 30, 2005

DMC shows sign of health for \'04

The Detroit Medical Center (DMC) beat its own forecasts and earned more than $2 million in 2004 -- the first time in seven years there has been black ink on the bottom line at the city\'s largest health system. The health system that was on the verge of financial collapse in mid-2003 said Tuesday it earned $2.46 million on revenue of $1.75 billion in 2004. DMC CEO Mike Duggan mentions in the story that the health system is focusing on solidifying its relationship with Wayne State University's Medical School and its doctors, who provide clinical care and teaching services to the DMC. Relations between the two have been strained as the DMC struggled financially.

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