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DMC Legacy Board s last oversight report says system kept most pledges

The Detroit Medical Center s owners met all of their community commitments except one under an agreement that accompanied the medical system s transition to for-profit ownership, an oversight board said in a final report to the state this week. The DMC Legacy Board, formed as part of a 10-year agreement reached as part of the health system s sale to Vanguard Health System Inc. a decade ago, reported to the Michigan Attorney General s Office that it was unable to monitor the quality of care at the health system, which has been owned by Tenet Healthcare since 2013. Tenet inherited the community commitments agreement when it bought Vanguard.

Legacy DMC s final report: Future is a question mark, though $1 billion investment paid off

Legacy DMC s final report: Future is a question mark, though $1 billion investment paid off Legacy DMC Chairman Dick Widgren said overall selling DMC to for-profit operator was positive for the city Ongoing concerns over willingness of owner Tenet to maintain routine capital investments Disappointing deterioration of relationship with Wayne State University medical school Legacy DMC s monitoring oversight of the health system ended on Dec. 31. Oversight board Legacy DMC has submitted a concluding report that outlines future concerns about investor-owned Tenet Healthcare Corp. s ongoing ownership of six-hospital Detroit Medical Center. Legacy DMC was created in January 2011 when nonprofit DMC was sold in 2010 to for-profitnVanguard Health System Inc. and later to for-profit Tenet in 2013. It was given responsibility to monitor the buyer s compliance with 20 covenants in the purchase and sales agreement and issue an annual report.

The Bits and Bytes of The Great Reset: COVID-19 and the Scaling Up of Data-Capitalism

Comments LONDON According to the Cambridge English Dictionary, an economy is “the system of trade and industry by which the wealth of a country is made and used.” For the last few centuries, this system has been dominated by the paradigm of capitalism, in which the private owners of capital, and not the state, control the trade of goods and services. The slave trade and plantation economy of the early colonial period in America were among the original manifestations of this economic paradigm, as the European propertied classes asserted their newfound power over dwindling tributary systems and the interim feudal arrangements were replaced with John Locke’s quasi-religious notions of private property, which would come to conquer Western economic theory for the next three hundred years.

Alcresta Therapeutics Appoints Alan Muney, MD To Board Of Directors

Published: Dec 07, 2020   NEWTON, Mass., Dec. 7, 2020 /PRNewswire/  Alcresta Therapeutics, Inc., a leading commercial-stage company focused on developing and commercializing novel, enzyme-based products, today announced the appointment of Alan Muney, MD to its Board of Directors. Dr. Muney is currently a senior healthcare advisor for Pritzker Private Capital, Arsenal Capital, Bain Management Consulting, and NEA Venture Capital. I feel privileged to be involved with such a talented team dedicated to the mission of bringing a great technology to market to help chronically ill patients, said Dr. Muney. Previously Dr. Muney served as Cigna s Chief Medical Officer and Executive Vice President of Total Health and Network. In his role as Chief Medical Officer, Dr. Muney was responsible for Cigna s clinical strategy and policy, health advocacy programs, coverage policy, and quality measurement and improvement. As lead for Total Health and Network, Dr. Muney was responsible for

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