In a letter to officials of Wayne State University's Physician Group, the Detroit Medical Center agreed to extend its partnership with the university through Aug. 31.
This comes after the Dallas-based parent company of Detroit Medical Center announced Wednesday that it had decided to end the decades-long partnership with the school.
In the letter, sent on Friday, May 4, the DMC states that "it is in the best interest of the patients, students, residents and our respective organizations to extend our current agreements through August 31 to allow for further discussion of alternatives for the future together or an orderly transition."
The DMC presented an extension agreement in order to continue current arrangements with key revisions listed below:
- During the extension period, either of us could eliminate a contracted service on 14 days notice.
- We propose to create a joint advisory committee to discuss issues related to our future, including transition arrangements and successor agreements between us.
- The non-solicitation provisions of the agreements would be eliminated.
- In return for continuation of services and release of the exclusivity and non-solicitation terms, DMC would guarantee UPG a fixed monthly payment for all services, equal to the amounts payable for the clinical and medical administrative services under the current agreements.