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The $2.6 billion impact in 2015 is slightly lower than in previous years thanks to financial support from Obamacare's Medicaid and private health insurance expansion.
The combined operation of the three-hospital health system and medical school on the Ann Arbor campus posted a 5.6 percent margin for fiscal year 2017.
Uncertainty over whether the Trump administration will provide federal cost-sharing subsidies are cited by insurance companies as the No. 1 reason for the massive rate increases. Rising specialty drugs and medical service utilization are other factors.
The National Institute of Health is providing the five-year funding — the largest federal grant ever to UM's medical school —aimed at advancing translational research.
The company says she is leaving for personal reasons. She'll be replaced on an interim basis by company director Stephen Gullans.
Employer health care costs are expected to accelerate one percentage point to 5 percent this year, but costs for midsized employers are still down from the 7 percent hike in 2014. Cost reduction strategies remain managing pharmacy costs and shifting to high-deductible health plans with health savings accounts.
Grassroots lobbying effort takes aim at efforts to test letting Medicaid HMOs manage the state's mental health system.
The Republican from St. Joseph and the Democrat from Flint Township on the future of the Affordable Care Act and the chances for the Republican-drafted American Health Care Act in the U.S. Senate
Plans include $30 million to build a heart and vascular center on its Midland campus and $27 million to integrate its full-service diagnostic and support areas.
The conference explored potential future medical advances that promise to change primary and specialty care, pharmaceutical drug therapy and medical devices.
A clear message comes through when listening: People who are caring for their loved ones want improvement.
