October 25, 2012- DMC Receives State Approval for Purchase of ProCare Health Plan
October 25, 2012 -- Detroit Medical Center (DMC) announced today that it has received the State of Michigan’s approval on the hospital system’s purchase of ProCare Health Plan, Inc., a Detroit-based Health Maintenance Organization (HMO) that offers health care coverage to Medicaid beneficiaries in Wayne County.
The state’s approval, including the Office of Financial and Insurance Regulation, enabled DMC to complete the acquisition of ProCare Health Plan. “This is a major step in DMC’s continuing growth as a health care system,” said Mike Duggan, CEO of the Detroit Medical Center.
“The biggest winners in DMC’s purchase of ProCare Health Plan are the plan’s current patients and enrollees,” Duggan said. “As one of only 32 National Pioneer Accountable Care Organizations, DMC is on the leading healthcare edge focusing on keeping people well.”
Transition for the purchase will now move toward reevaluating and creating personalized health care plans for current enrollees. "With DMC as their healthcare option, ProCare Health Plan patients will be cared for by some of the most skilled physicians, nurses, and support staff in the nation and the region.” said Duggan, “The $850 million dollars we are investing in new buildings, renovations and the latest technology, plus our early adoption of advances such as electronic medical records will be beneficial to all of those in our care.”
Robin Cole, former president of ProCare reiterated her confidence in DMC as a committed healthcare provider. “DMC has always been a positive force in the health of our community and we are grateful that kind of quality is now available to ProCare enrollees.”
DMC only acquired ProCare Health Plan in the transaction and did not include Pro Care Plus, Inc.
About Detroit Medical Center www.dmc.org
The Detroit Medical Center includes DMC Children’s Hospital of Michigan, DMC Detroit Receiving Hospital, DMC Harper University Hospital, DMC Huron Valley-Sinai Hospital, DMC Hutzel Women’s Hospital, DMC Rehabilitation Institute of Michigan, DMC Sinai-Grace Hospital, DMC Surgery Hospital, and DMC Cardiovascular Institute. The Detroit Medical Center is a leading regional healthcare system with a mission of excellence in clinical care, research and medical education.