University of Michigan Health Expands with Purchase of Former Kmart HQ Land

TL;DR Summary
The University of Michigan Health system is purchasing a portion of the former Kmart headquarters land in Troy for $4.42 million to build a multi-specialty facility, aiming to expand its presence in Metro Detroit. The new facility will focus on advanced specialty and diagnostic services, providing easier access to healthcare for metro Detroit residents. This expansion aligns with Michigan Medicine's efforts to create a statewide network of care and follows recent mergers and joint ventures in the state's healthcare landscape.
Topics:business#healthcare#healthcare-expansion#michigan-medicine#oakland-county#troy#university-of-michigan-health
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