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The Michigan State Medical Society’s new investment fund seeks to bolster medical innovation in the state by offering companies early-stage capital to support product development.

Just months after moving into new labs that expands its research capabilities, Spectrum Health is already looking at expansion.

In forming a new research hub in Grand Rapids, Van Andel Institute is building its capabilities in an emerging scientific area.

Blue Cross Blue Shield of Michigan’s loss on health insurance policies deepened in 2013, led once again by an individual market that has long been a drag on earnings.

Priority Health recorded strong earnings for 2013 with a small increase in income from underwriting policies and slight declines in revenue and investment income.

Q&A: Lorissa MacAllister, Enviah

Written by | Sunday, 16 March 2014 22:00 |

The founder of Enviah PC, a Grand Rapids-based health care design research firm, is being honored by her alma mater. The University of Michigan Alumnae Council is presenting Lorissa MacAllister with its 2014 Athena Award in honor of her accomplishments in a field that’s often considered inaccessible to women. MacAllister will return to the U of M on March 29 to receive the award and present a lecture on the role of environments in promoting health. She spoke with MiBiz about the honor.

Blue Cross Blue Shield of Michigan recorded net income of $265 million last year, driven largely by earnings from its subsidiaries. The insurer’s bottom line, however, was smaller than it was in 2012 and it continued to lose money on health coverage for more than 4.45 million people.

Hastings-based Pennock Health Services is planning for a new $70 million hospital that will be conducive to how medicine is practiced today.

Signing five more health systems into a new reimbursement contract that shifts how hospitals are paid gives Blue Cross Blue Shield of Michigan added traction to execute similar deals across the state.

A proposal with an estimated price of $220 million would give Mercy Health Muskegon not just a new medical center but a new way to care for patients, executives say.

Since its founding in 2010, Spectrum Health Innovations LLC has worked to cultivate ideas from staff throughout the health system — from medical and clinical members to administrative and professional service providers — to improve patient care delivery. Today, under the guidance of new leadership, the organization has a more outward view.

The framework for a final deal with Community Health Systems Inc. would enable Metro Health to pursue additional partnerships to improve quality.

New study shows obesity adds to insurance costs

Written by | Sunday, 16 February 2014 22:31 |

Severely obese ring up nearly double the health care costs compared to individuals with a healthy weight, according to a new study from the Center for Healthcare Research and Transformation.

Amid talks over an agreement to become part of one of the largest hospital operators in the U.S. by this spring, Metro Health is pushing ahead with expansion projects to accommodate its ongoing growth.

The planned $96.7 million expansion and renovation at Mercy Health Muskegon will encompass far more than just updating the facilities and consolidating most care at a single campus.

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