After a contentious negotiation period, Detroit Medical Center and Detroit-based Wayne State University Physician Group have signed an 18-month agreement, according to a report from The Detroit News.
Though the terms of the contract remain confidential, Charles Parrish, president of the American Association of University Professors at Wayne State, told The Detroit News that under the agreement DMC made "dramatic" cuts to payments to Wayne State for services provided by 400 of its physicians. The newspaper reports DMC's payments to Wayne State have been cut by more than half.
The contract replaces one that expired in March, but was extended for six months. The extension ended Sept. 30, and the two sides announced the agreement on Friday, according to the report.
Read the full story here.
More articles on integration and physician issues:
How many nurse anesthetists work in each state?
Researchers identify successful interventions for physician burnout
Physicians in these 14 specialties more likely to vote Republican