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James Woods and Peyton Woods, Michael's son, later filed a negligence suit against the hospital.
As part of the settlement, Woods' family will receive an as yet unnamed sum to provide for the education of his three children. In addition, Kent Hospital will invest $1.25 million to establish the Michael Woods Institute, a research center that will work toward reducing hospital errors in patient care.
"I can honestly say today that, as sad as it is that I have lost him forever ... my brother got justice," James Woods tells NBC News. "It makes it possible for me to go to my brother's grave and ask if I've done the right thing."