Mark Sanchez

Mark Sanchez

Senior writer, covers health care, finance and life sciences. Twitter: @masanche

GRAND RAPIDS — Securing patent protection boosts the chances of a startup company to land the financing needed to commercialize a physical therapy medical device that was developed at Spectrum Health.

GRAND RAPIDS — Strong growth in patient volumes over the last several years led Mary Free Bed Rehabilitation Hospital to take on an expansion project much sooner than expected.

Sunday, 15 September 2019 16:30

Legislation targets surprise medical billing

Legislation coming up for consideration in Lansing aims to alleviate so-called “surprise billing” in health care.

Melissa Cook, cardiovascular rehabilitation coordinator at Metro Health, spoke with MiBiz about the move in health care toward helping people to change their lifestyle to prevent or better manage disease and how the Pritkin program fits with it.

JENISON — Ottawa Kent Insurance Agency Inc. was acquired by Traverse City-based High Street Insurance Partners Inc., an insurance agency platform formed last year by Huron Capital Partners LLC, a Detroit-based private equity firm.

A monthly index of West Michigan’s economy returned to “moderate growth” in August after taking what economist Brian Long calls a “substantial dip” a month earlier.

GRAND RAPIDS — Spectrum Health wants to become one of the first cardiac care providers in the nation to use an innovative diagnostic device that monitors and warns cardiac patients of an impending heart attack.

GRAND RAPIDS — Acquiring a Detroit-based HMO gives Priority Health a greater market presence in Southeast Michigan.

GRAND RAPIDS — Spectrum Health aims to incorporate some of the lessons learned from operating the former Strive primary care and wellness office into its medical practices across West Michigan.

Grand Ventures I LP’s lead investment in a Chicago digital health company typifies what’s occurring in venture capital in Michigan and neighboring states: Funds based in the region are backing Great Lakes-based startups.

As U.S. economic growth slows, so too does Michigan’s economy.

Monday, 02 September 2019 08:49

Corporate executives look beyond shareholders

The Business Roundtable, an organization of leading U.S. corporate executives, last month issued a new version of its Statement on the Purpose of a Corporation. 

The latest version of the Business Roundtable’s Statement on the Purpose of a Corporation is intriguing, according to Tim Syfert, a clinical professor of business at Grand Valley State University’s Seidman College of Business.

GRAND RAPIDS — An Atlanta-based pharmacy company that serves long-term care facilities and senior housing communities entered the Michigan market by buying a majority stake in TruCare LTC Pharmacy LLC in Grand Rapids.

Brien Fox moved into the chairmanship at the Lansing-based Michigan Beer & Wine Wholesalers Association as the craft brewing industry in Michigan continues to gain in popularity. The CEO of the family-owned Henry A. Fox Sales Co. in Kentwood was elected to a two-year term as chairman on July 31 during the annual meeting of the association, which represents nearly 50 beer and wine distributors across Michigan that employ about 6,000 people. He spoke with MiBiz about his role and the state’s beer and wine industry.

GRAND RAPIDS — Priority Health would expand its market presence in Southeast Michigan with the acquisition of Detroit-based HMO Total Health Care Inc.

Allegan General Hospital will become part of Ascension Michigan on Sunday following the signing of a final definitive agreement.

Michigan retailers recorded a small improvement in business during July, as warm weather drew shoppers into stores and consumers began shopping for the new school year.

GRAND RAPIDS — Spectrum Health has closed Strive, the primary care medical and wellness practice started in downtown Grand Rapids two years ago that sought to bring a unique care model to the market.

A coalition of business groups today urged state lawmakers to finally come up with a way to fix Michigan’s crumbling roads and bridges.

GRAND RAPIDS TOWNSHIP — Grand River Bank plans to open a new office on the east side of Grand Rapids by the middle of next year.

Beneath all of the recent attention-grabbing issues such as escalating pharmaceutical prices, hospital pricing and surprise billing, there lurks what Ken Thorpe says is the real leading cause of ever-rising health care costs in America: Growing incidence rates of chronic illness.

The legalization of cannabis in Michigan offers an emerging economic sector for banks and credit unions, but only if Congress enacts legislation to change existing federal law and allow them into the market.

As the state begins to implement new laws allowing adult recreational marijuana use, the Michigan State Medical Society wants a voice in the process.

Just like you can’t go to work drunk, you cannot go to work stoned.

GRAND RAPIDS — Brandon Kanitz walks through a cavernous area of a former auto-parts manufacturing plant, pointing out areas that in the months ahead will become growing rooms for marijuana plants.

Office furniture maker Trendway Corp., a fixture in the Holland business community for five decades, has been sold to Fellowes Brands, an Itasca, Ill.-based manufacturer of office and technology accessories.

Motus Integrated Technologies LLC, a Holland-based Tier 1 and Tier 2 auto supplier, has signed a definitive agreement to buy Janesville Fiber Solutions, a division of Milwaukee, Wisc.-based Jason Industries Inc.

SpartanNash Co.’s present chairman and former CEO, Dennis Eidson, returned to running the company today following the abrupt resignation of President and CEO David Staples amid an expected quarterly loss.

ALLEGAN — Perrigo Co. plc reaffirmed its 2019 earnings guidance and reported a slight decline in net sales resulting from unfavorable currency translations and exited businesses.