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Detroit Hospital Looks to Consultant for Help.
By Kim Norris, Detroit Free Press Knight Ridder/Tribune Business News
May 17--The Detroit Medical Center is hiring an outside consultant to evaluate plans for closing hospitals and curtailing services if the health system does not get immediate public funding.
But Dr. Arthur Porter, chief executive of the health system, said the consultants are not being hired to prepare the city's largest employer for bankruptcy.
"We're not even considering it," said Porter, who spent much of Friday reassuring employees, suppliers and bondholders after media reports circulated that the money-losing system is considering seeking protection from its creditors …
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