Company Directory - University of Toledo Medical Center
Company Details - University of Toledo Medical Center
University of Toledo Medical Center
WebsiteToledo, United States
University of Toledo Medical Center is a comprehensive academic medical facility providing a wide range of healthcare services, including child and adolescent psychiatry, advanced clinical care, research, and education, primarily serving the Toledo community.
CCI Score
CCI Score: University of Toledo Medical Center
21.55
-0.02%
Latest Event
UTMC Resumes Negotiations Over Missed Payments
Faced with legal pressure from the Ohio Attorney General and a threat of litigation, the University of Toledo College of Medicine and Life Sciences resumed negotiations with ProMedica after the health-care provider committed to paying $7.6 million to cover two months of missed payments under their longstanding affiliation agreement. This move aims to secure essential funding for medical education and healthcare services in the community.
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SABOTEUR
University of Toledo Medical Center is currently rated as a Saboteur.
Latest Events
- OCT032023
Faced with legal pressure from the Ohio Attorney General and a threat of litigation, the University of Toledo College of Medicine and Life Sciences resumed negotiations with ProMedica after the health-care provider committed to paying $7.6 million to cover two months of missed payments under their longstanding affiliation agreement. This move aims to secure essential funding for medical education and healthcare services in the community.
+40
Public and Political Behavior
March 29
UTMC's decision to re-engage in talks under governmental oversight demonstrates a commitment to public accountability and transparency. By responding constructively to legal pressure from the Ohio AG, they help ensure that public institutions uphold ethical standards and protect community interests.
+20
Business Practices and Ethical Responsibility
March 29
By opting for renewed negotiations rather than escalating conflicts, UTMC showcases a commitment to ethical business practices and transparent financial management. This approach is pivotal in safeguarding the funds that support quality medical education and community healthcare.
+10
Economic and Structural Influence
March 29
Securing overdue payments that form a significant part of the annual budget is crucial for maintaining the economic and operational stability of UTMC. This negotiation helps protect the institution’s capacity to deliver essential healthcare and educational services.
- FEB022022
The University of Toledo Medical Center will receive an additional $25 million in CMS federal funding, complemented by $9.7 million in state support, to offset uncompensated Medicaid care costs and stabilize its services.
+80
Public and Political Behavior
March 29
Congresswoman Kaptur’s announcement of $25M in federal funding for UTMC strengthens public health services for underserved communities. This action underscores democratic accountability and public investment in essential community resources.
Kaptur Announces UTMC Will Receive Additional $25M in Federal Funding Support
+75
Economic and Structural Influence
March 29
The infusion of $25M in federal funding, paired with state support, enhances UTMC’s economic stability and reinforces its role as a critical healthcare provider. This economic boost is a progressive investment in community welfare and infrastructure.
Kaptur Announces UTMC Will Receive Additional $25M in Federal Funding Support
- JUL162020
The University of Toledo Medical Center was awarded nearly $35 million in a combined state and federal funding package to expand screening, educational programs, and initiatives aimed at improving community healthcare services. The announcement by Gov. Mike DeWine, along with praise from Rep. Marcy Kaptur, underscores a commitment to bolster local public health infrastructure and sustain the center’s mission amidst past financial challenges.
+60
Executive Political Engagement
March 29
The funding initiative was announced by key political figures, including Gov. Mike DeWine and Rep. Marcy Kaptur, reflecting strong executive political engagement that supports community health and serves as a progressive countermeasure against corporatization pressures. This demonstrates clear alignment with community-focused, anti-authoritarian values.
+40
Economic Collaboration
March 29
The allocation of significant government funds helps stabilize UTMC financially and protects it from earlier challenges, including threats of acquisition by larger for-profit entities. This economic collaboration supports the institution's mission to serve the community and underscores a commitment to public interest policies rather than profit-driven models.
- JUL092020
Lawmakers and critics allege that the University of Toledo Medical Center's 50-year academic affiliation with ProMedica, initiated in 2015, has led to asset stripping, transfer of profitable services, and relocation of critical medical staff. These actions are seen as undermining the hospital's public teaching mission and financial stability, prompting calls for a thorough forensic audit.
-30
Public and Political Behavior
March 29
The controversy has spurred significant political scrutiny, with lawmakers questioning how UTMC’s affiliation agreement favors private interests over public accountability. The apparent conflicts of interest and political pressures around the agreement reflect poorly on UTMC's public and political behavior.
-50
Business Practices and Ethical Responsibility
March 29
UTMC's decision to enter into a long-term affiliation with ProMedica has been criticized for potentially transferring profitable assets and key service lines to a private entity. This move raises serious ethical concerns regarding the management and business practices of a public healthcare institution relying on revenues to support its educational mission.
-40
Economic and Structural Influence
March 29
The restructuring of UTMC’s services—such as the planned transfer of orthopedic services and relocation of faculty and residents—suggests a significant shift in economic and structural influence. Critics argue that these moves, which appear to channel resources and market control to ProMedica, severely undermine UTMC’s ability to function as a robust public healthcare institution.
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