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HealthBiz

The $150,000 investment made in an East Lansing medical startup illustrates how a pre-seed capital fund created by the Michigan State Medical Society has started to adapt to the marketplace.

Eric Van Middendorp tapped a growing list of West Michigan-based health care, research and funding partners to develop a new medical device that secures patient breathing tubes. Through continued collaboration, the young inventor hopes to bring the product to market within the next two years.

After years of steadily rising rates for employee health coverage, small employers may finally get a little relief this year and next from the steep increases of the past.

Certificate-of-need regulations in Michigan help to contain health care costs, although they tend to concentrate some regulated medical services into the hands of fewer care providers, according to a new analysis by a business-labor coalition.

In offering cash rewards for members who shop around for the best price for their health care services, Priority Health says it wants to see greater cost transparency and even alter the industry’s trajectory.

There are many reasons health care costs so much in America. Steve Brill’s explanation: Hospitals and pharmaceutical companies charge way too much and, except for nurses and doctors, the people who run health care in America make too much money.

Metro Health Corp.’s decision to partner with Community Health Systems Inc. came down to wanting to maintain “some local control.”

Blue Cross Blue Shield of Michigan and Priority Health each plan to trim health insurance premiums for small businesses beginning with the third or fourth quarter policy renewals.

Continued efforts to better manage medical costs and implement a new economic model are credited for lifting Priority Health’s bottom line for 2014.

North Ottawa Community Health System’s plan to implement a new model for emergency care along with development of a $9.7 million facility follows a broader movement in health care to prevent unnecessary and costly ER visits.

Seven years ago, Michigan had 14 entries on an annual list of the 100 best-performing hospitals in the U.S. In the prior year, 16 Michigan hospitals made the list.

Blue Cross Blue Shield of Michigan posted strong results for 2014, both in terms of financial performance and member growth.

Steering the focus to major investments that can affect the market, Alliance for Health has altered its criteria for reviewing health care projects that require state certificate-of-need approval.

Priority Health has another way for members to calculate what an upcoming medical test or procedure will cost, and then maybe shop around for a better bargain.

A $66.4 million expansion and renovation project provides Mary Free Rehabilitation Hospital the space to grow and to become a national destination for care.

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