Displaying items by tag: Mary Free Bed Rehabilitation Hospital

Mary Free Bed Rehabilitation Hospital exceeded a $16 million fundraising goal by nearly $1 million to support the recent expansion and renovation at its Grand Rapids campus.

Here is the MiBiz Growth Report for June 13, 2016.

• M&A: National Coatings Inc. in Traverse City was acquired by Color Masters Painting of Raleigh, N.C. Terms of the deal were not disclosed. Established in 1996, National Coatings is a commercial and industrial painting company. Color Masters employs 120 people and will add 160 employees with the acquisition as it targets 2017 sales of $30 million, according to owner and founder Zeb Hadley. M&A firm Calder Capital LLC in Grand Rapids represented National Coatings and sourced the buyer.

Mary Free Bed Rehabilitation Hospital in Grand Rapids and Troy-based Residential Home Health formed a joint venture to provide home care in West Michigan.

BATTLE CREEK — The former Southwest Regional Rehabilitation Center Inc. has settled claims that it improperly billed Medicare for care that was later ruled to be medically unnecessary.

GRAND RAPIDS — Backed by a recent $2 million capital raise, a startup Grand Rapids-based digital health company plans to expand its sales force and further develop its software that allows patients to receive virtual care at home. 

A Pennsylvania provider of rehabilitation and long-term care still wants to enter the Michigan market after pulling out of the potential acquisition of the former Southwest Regional Rehabilitation Center facility in Battle Creek.