GW, MFA, and UHS Finalize Agreement to Transition Clinical Services and Secure Financial Stability
The George Washington University (GW), Medical Faculty Associates, Inc. (MFA), and Universal Health Services, Inc. (UHS) have reached a definitive agreement to transition clinical services at GW Hospital and affiliated sites. This new framework aims to ensure the continuity of patient care and support high-quality medical education and research at GW's School of Medicine and Health Sciences (SMHS). Under the agreement, a new physician-led nonprofit, Capital Medical Group, will be established to provide clinical services, employing many of the same physicians and staff from MFA. This transition is designed to maintain care at familiar locations for patients. The agreement also includes financial provisions, with GW committing up to $230 million to support the transition and absorb previous loans to MFA. UHS will assume full financial responsibility for clinical operations after five years, providing GW with greater financial certainty. 
