Metro Health – University of Michigan Health System today named Dr. Peter Hahn as its next president and CEO.
WYOMING — Stakeholders in the ongoing development of the Metro Health campus say they’re about halfway to their targeted $1 billion investment in southwestern Kent County.
Metro Health enters 2017 as a subsidiary of the University of Michigan Health System after the two closed on an affiliation agreement toward the end of 2016. The deal with the Ann Arbor-based U-M Health System gives Metro Health a partner to expand medical services ranging from primary care to specialties. It also allows Metro Health to better compete in the market. President and CEO Mike Faas told MiBiz he believes the deal is the biggest thing to happen in the local health care market since the 1997 merger of the former Butterworth Hospital and Blodgett Memorial Medical Center that created Spectrum Health, the largest care provider in the region.
The University of Michigan Health System’s acquisition of Metro Health appears on track to close in the near future.
Metro Health’s probable link with the University of Michigan Health System comes a little more than a year after a joint venture collapsed with one of the largest operators of hospitals in America.
Affiliating with the University of Michigan Health System would give Metro Health scale and the access to expertise and capital needed for breaking out of the shadows of its larger competitors in Grand Rapids.