University of Michigan Health System

The University of Michigan Health System (UMHS) is the wholly owned academic medical center of the University of Michigan in Ann Arbor. It includes the U-M Medical School, with its Faculty Group Practice and many research laboratories; the U-M Hospitals and Health Centers, which includes University Hospital, C.S. Mott Children's Hospital, Women's Hospital, 120 outpatient clinics, approximately 40 health centers, the U-M School of Nursing and Michigan Visiting Nurses.

UMHS also includes the Michigan Health Corporation, through which UMHS partners with other medical centers and hospitals to provide specialized care throughout Michigan. UMHS also partners with Blue Cross Blue Shield of Michigan in a joint venture called Michigan HealthQuarters, formed in 2007 as a center for health care quality research and transformation.

In July 2008, the University of Michigan Hospitals & Health Centers finished its 12th straight fiscal year in the black, with an operating margin of 1.6 percent ($26 million) on revenues of $1.72 billion. In 2007, the Hospitals and Health Centers attained an operating margin of 3.9 percent ($61.7 million) on revenues of about $1.57 billion. UMHS has set a goal of achieving 3 percent operating margins per year for the next 10 years in order to continue investing in its massive facilities expansion. As a not-for-profit entity, UMHS uses positive operating margins to fund continued advances in patient care, education, research, and the facilities needed to...
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