Henry Ford Health System and Wayne State University discuss partnership to amalgamate their physician groups
Category: #health  By Shikha Sinha  Date: 2017-06-05
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Henry Ford Health System and Wayne State University discuss partnership to amalgamate their physician groups

Wayne State University, one of the many premier American research universities, along with its affiliates, has apparently decided to join hands with Henry Ford Health System, the popular Detroit-based integrated, comprehensive health care organization. Both these reputed firms have jointly declared that they intend to sign an agreement with mutual consent to expand their business in the field of education, medical research, and clinical services.

This is not the first time that the Wayne State University and the Henry Ford Health System have collaborated, both the organizations have partnered before on the grounds of medical research and education. However, this time around, the research teams of both the firms have been holding joint meetings on various occasions since January 2017 to discuss the merger of 1200-physician of the Henry Ford Medical Group with Wayne’s 400-physician group.

This merger will help in building an exceptional network in the areas of medical education and clinical research. It has also been affirmed that the deal will improve the delivery of the healthcare care services, making them much more effective than the present, and subsequently giving a push to global healthcare market.

Reportedly, both these Detroit-based organizations, since long, have been attempting to establish a strong joint venture in the field of clinical research & medical services similar to the kind of partnership signed between the Case Western Reserve University and Cleveland Clinic in the year 2015 for a valuation of USD 515 million. The deal was, back then, considered to be one of the most expensive ones signed in Cleveland until that point of time. Wayne has already signed numerous contracts with Henry Ford on the grounds of performing various kinds of research in the medical & academic sectors. The aforementioned joint venture will only serve to facilitate advanced research across the medical, education & clinical sectors.

The Henry Ford Health System has reportedly had an excellent record of accomplishment in the domain of undergraduate medical education. It has played a key role in shaping the research & graduate medical student education programs at Wayne State University and is expected to benefit both the institutions in future, as stated by an official of Wayne. This partnership will contribute substantially towards the clinical and educational research in the U.S.

In 2010, Henry Ford Health had considered the financing of Wayne State University’s two-year-old integrated biosciences center, referred as iBio, worth USD 93 million, but had opted out due to numerous reasons. However, it still rents out space at iBio Center for carrying out research on bone & joint disorders.

As per the latest reports, both the firms are trying to jointly focus on the academic chair structure, fiscal growth, effective governance, medical staff recruitment, and clinical research to enhance the healthcare infrastructure and improve the healthcare services across the urban areas.



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Shikha Sinha

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Shikha Sinha

Shikha currently manages content operations for a series of news and business portals including MSF, Algosonline, and the like. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market resea...

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