Blade: ProMedica, UT financial dispute forces medical college to cut budget

University of Toledo officials say ProMedica has fallen behind on its required payments to its medical college as part of a seven-year affiliation agreement, but ProMedica counters that UT owes it money, not the other way around. 

UT spokesman Meghan Cunningham said Monday that ProMedica missed its August and September payments to UT — but wouldn’t say how much those payments are — as part of a 50-year affiliation agreement in 2015 that calls for millions in annual payments from ProMedica. Beginning in 2020, that amount was set at $50 million.

Click here to read the full article