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.
After committing all of its first-year capital, Muskegon Angels LLC may look to spread its wings further in 2014.
An outlook from BDO USA LLP projects private equity deal flow to slow in 2014 as increased business valuations limit the ability of fund managers to source and close deals.
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.
A new office chair from Izzy+ offers what founder Chuck Saylor thinks is a new model for product design that’s predicated on the health and wellbeing of office workers.
The proliferation of mobile apps over the last few years for smartphones and tablet computers has given small business owners a wealth of options to manage their business from the road.
Executives at a state-backed mezzanine fund that formed last year expect more banks to invest now that it’s demonstrated there is demand for subordinated debt among growing Michigan companies.