dmc http://michiganradio.org en DMC breaks ground on heart hospital http://michiganradio.org/post/dmc-breaks-ground-heart-hospital <p>The Detroit Medical Center has broken ground on a&nbsp;$78 million dollar heart hospital.</p><p>It&rsquo;s part of a broader expansion plan announced when Vanguard Health System purchased the DMC last year.</p><p>Theodore Schreiber&nbsp;is president of the Cardiovascular Institute, which will run the hospital. He says financing the facility would have been &ldquo;inconceivable&rdquo; without the DMC&rsquo;s acquisition by for-profit Vanguard.</p><p>&quot;Nationally as a whole, non-profit hospital institutions have tremendous difficulty obtaining capital, let alone the flagship institution in center city Detroit at the heart of the economic crisis,&quot; he said.</p><p>Schreiber says the hospital will be the only facility of its kind in Michigan,&nbsp;with diagnosis, prevention and treatment of&nbsp;heart disease.</p><p>It&rsquo;s expected to be completed in early 2014. Tue, 17 Jan 2012 22:05:42 +0000 Sarah Hulett 5827 at http://michiganradio.org DMC breaks ground on heart hospital Buy Detroit effort hopes to spur city's economy http://michiganradio.org/post/buy-detroit-effort-hopes-spur-citys-economy <p>Three major Detroit institutions are looking to leverage their spending to give a boost to the city&rsquo;s economy.</p><p><a href="http://www.henryfordhealth.org/">Henry Ford Health System</a>, the <a href="http://www.dmc.org/">Detroit Medical Center </a>and <a href="http://wayne.edu">Wayne State University </a>are all part of an <a href="http://livemidtown.org/">initiative </a>to revitalize the city&rsquo;s Midtown area. And the &ldquo;buy Detroit&rdquo; campaign is part of that.</p><p>So far, the three institutions have shifted about $400,000 to Detroit businesses, says Lisa Prasad is with U3 Ventures, a firm that&#39;s helping with the project.&nbsp;</p><blockquote><p>&quot;The number may be very small at the moment compared to their overall procurement, but we think the growth will be exponential once we really get it institutionalized.&quot;</p></blockquote><p>Prasad says food is one thing all three institutions have been able to buy more locally.</p><p>Combined, the university and health systems spend $1.6 billion a year. Mon, 14 Mar 2011 13:44:05 +0000 Sarah Hulett 1636 at http://michiganradio.org Buy Detroit effort hopes to spur city's economy