Senate District 11
Teresa Fedor
 
 
 
Lawmakers Request Complete UT Audit
July 8, 2020
Today, state Senator Teresa Fedor (D-Toledo) and Representatives Paula Hicks-Hudson (D-Toledo), Lisa Sobecki (D-Toledo) and Michael Sheehy (D-Oregon) stood together to reaffirm their commitment to saving the University of Toledo Medical Center (UTMC) and announced they have officially requested state Auditor Keith Faber to commence a forensic and performance audit of the University.

The delegation made the request after the release of a cursory audit on the University of Toledo (UT) that the legislators assert, in a July 7 letter, “generated new financial questions and concerns among doctors.”

“To get a complete and clear picture of UTMC’s finances, we need a complete audit. The phrase I hear over and over as the public has learned about the demise of our pubic hospital is – follow the money,” Fedor said at a press conference in Toledo today. “That’s what we intend to do.”

Hicks-Hudson elaborated on the cursory audit findings, stating, “Based on information contained in that audit, it appears as if UTMC’s revenues were greater than its expenses in 2016, 2017 and 2018. That’s interesting, since one stated purpose of this affiliation agreement was to improve UTMC’s finances. The incomplete audit also does not appear to show what happened to federal money received for Graduate Medical Education (GME).”

A university physician working with the Save UTMC Coalition estimated that UT should have received about $30 million each year in GME payments from Medicare.

According to the state Auditor’s website, the Auditor of State's office has the ability to exercise statutory authority and conduct a performance audit of an organization.
 
Over the last seven months, the legislators have drawn attention to anti-competitive concerns and possible conflicts of interest with the academic affiliation agreement between ProMedica and UT for the College of Medicine and Life Science (COM&LS).
 
“In addition to getting complete financial information, the group is trying to determine the purpose of the academic affiliation agreement,” Sobecki said. “In other words, was it structured in a way to intentionally help ProMedica and hurt UTMC?”

While the group may not know the real purpose of the academic affiliation agreement, the group seemed certain of its effect.

Sheehy closed out the press conference by saying, “We know our public teaching and research hospital, under the leadership of University of Toledo Board of Trustees, is now on life support. It is a known fact the agreement, as implemented, has resulted in about 85% of UTMC’s residents, students, fellows and their associated faculty to be removed from UTMC to ProMedica.”
 
 
 
 
 
 
 
 
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