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Mark Sanchez

Mark Sanchez

Senior Writer

msanchez@mibiz.com

Grand Angels, the angel investing group formed a decade ago to back young companies in Michigan, is apparently preparing to create new venture capital fund.

Battle Creek Unlimited is working with Southwest Regional Rehabilitation Hospital to market the 40,000-square-foot, two-story facility and the surrounding five acres. Developed in 2005, the campus sports a “beautiful park-like setting,” said Southwest Regional CEO Kevin Arnold.

Priority Health continued strong earnings growth in 2014 as net income through the third quarter exceeded all of the previous year.

Metro Health’s chief executive says the departure of seven senior executives this fall stems from a restructuring that better positions the health system’s administrative team for an eventual deal with Community Health Systems Inc. that’s been in the works for more than a year.

With $5 million in new investor capital, a Kalamazoo-based startup can now move to design and initiate human testing of a medical device intended to protect against strokes during heart procedures.

A federal lawsuit against Honeywell International Inc. illustrates the need for employers to tread carefully when incorporating rewards or penalties in their employee wellness program, experts say.

Trustees at the 26-bed rehab hospital voted Wednesday to cease operations, citing policy changes and reduced reimbursement payments from Medicare and Medicaid and steadily declining patient volumes.

Wednesday, 03 December 2014 23:21

Still time to plan finances for 2015, experts say

As 2014 draws to a close, small business owners still have time to better position their personal finances going into the new year.

The results of PNC Bank’s annual Wealth & Values survey dispel the stereotype of the wealthy as proverbial one-percenters who are only concerned with their personal financial interests.

Michigan continues to rank 13th in the U.S. for its overall business tax burden, holding to a position that improved significantly in the last few years after legislators enacted sweeping changes to the state’s tax code.

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