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University of Michigan, Metro Health close acquisition deal

The Ann Arbor-based University of Michigan Health System and Wyoming, Mich.-based Metro Health closed an acquisition agreement to provide quality care and services to residents in western Michigan.

The two organizations have worked together unofficially since 2009. The University of Michigan Health System filed a letter of intent to acquire Metro Health Monday.

The financial terms of the agreement, if any, have not been disclosed.

"This is a transformational day for healthcare in west Michigan," said Michael Faas, president and CEO of Metro Health. "Our affiliation with the University of Michigan will help ensure our patients and the people of west Michigan continue to have access to great quality care and choice when they consider their health care needs. U-M and Metro Health doctors will work alongside each other to provide the latest, most advanced and most innovative care to patients."

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