Displaying items by tag: Spectrum Health

GRAND RAPIDS — A new venture capital fund to invest in businesses owned by racial and ethnic minorities looks to secure financial backing locally before reaching out nationally for investors.

Michigan hospitals took a $1.1 billion financial hit this spring from the COVID-19 pandemic, a cost that continues to grow.

When it enters the West Michigan commercial health insurance market in 2021, the state’s third largest health plan will offer both large group and small group policies. 

Gov. Gretchen Whitmer’s recent mandate for Michigan health care workers is already in practice at many hospitals and health systems to eliminate cultural biases that can affect care.

GRAND RAPIDS — A recycling company hopes to help Kent County achieve its ambitious goal of diverting 90 percent of the county’s trash from landfills by 2030 by working directly with restaurants and grocers to reduce food and beverage waste. 

A coalition of Michigan business and health care leaders recently warned that the state is at a “dangerous tipping point” in the COVID-19 pandemic and “at risk of losing ground it has sacrificed for months to gain” as the number of new cases again rose each day. As of July 16, Michigan had 71,842 confirmed cases of COVID-19, a daily increase of 645 cases.

GRAND RAPIDS — Spectrum Health has acquired two more properties in the Monroe North business district to use for its future Center for Transformation and Innovation campus development.

Gov. Gretchen Whitmer has ordered state officials to create rules requiring implicit bias training for Michigan health professionals as they seek licensure, registration and renewals as a way to ensure equity in health care access.

A coalition of business and health care leaders across the state today warned Michigan is at a “dangerous tipping point” in the COVID-19 pandemic and “at risk of losing ground it has sacrificed for months to gain.” The group cited increases in new daily cases in the last month after two months of steady decline. They include a record 610 new cases Wednesday, and more than 1,400 between July 2 and 4.

A potential partnership with Henry Ford Health System could follow a similar playbook that Michigan State University wrote over the last decade in building up a medical education and research hub in Grand Rapids.

The COVID-19 pandemic and resulting emerging market needs gave opportunity to two Grand Rapids-area health care technology companies.

For nearly five years, the U.S. Green Building Council of West Michigan has helped Grand Rapids property owners reduce their energy usage and hosts an annual competition celebrating the “biggest losers” statewide.

Here is the MiBiz growth report for July 5, 2020.

Spectrum Health’s Zeeland Community Hospital has again been named among the top 100 hospitals in the U.S., according to an annual ranking by Fortune/IBM Watson Health.

GRAND RAPIDS — Spectrum Health has added to its growing list of property acquisitions northeast of downtown and near its Butterworth Hospital campus.

Here is the MiBiz  Growth Report for June 21, 2020.

GRAND RAPIDS — A youth employment program will launch this summer, employing 1,000 Grand Rapids residents ages 15-21. 

GRAND RAPIDS — Spectrum Health, the largest care provider in Western Michigan, has committed at least $100 million over the next decade to address racial and ethnic disparities and improve equity in health care.

Prior to the COVID-19 pandemic, primary care physicians and specialists at Metro Health-University of Michigan Health typically saw about 2,250 patients each day.

GRAND RAPIDS — Integrated Architecture LLC is starting construction this week to renovate a 13,600-square-foot building north of downtown into its new headquarters. 

GRAND RAPIDS — A public-private partnership launched this week aims to compile health screening data from hundreds of Kent County companies in an effort to monitor and prevent the spread of COVID-19.

Here is the MiBiz growth report for May 10, 2020.

WYOMING — Metro Health-University of Michigan Health System will start voluntary staff furloughs next week in response to the “lasting” financial consequences of the COVID-19 pandemic.

The heads of two West Michigan public health agencies say they are unconcerned about the recent uptick in COVID-19 cases here as death tolls remain relatively flat and hospitals haven’t reached capacity.

Nine West Michigan hospitals earned top grades in a report card on patient safety.

GRAND RAPIDS — Spectrum Health has been laying off staff in the last week, citing a “dramatic” financial hit from the COVID-19 pandemic that’s left hospitals unable to perform elective and non-emergency surgeries and procedures and driven up expenses.

State lawmakers on Tuesday urged Gov. Gretchen Whitmer to ease temporary restrictions and allow hospitals and other care providers to resume elective or non-essential medical procedures and surgeries.

GRAND RAPIDS — New supplies and equipment have enabled Spectrum Health to test 1,000 people a day for COVID-19.

In normal times, Trinity Health’s seven hospitals across Michigan generate combined operating income of $9 million to $10 million a month.

Plans for additional beds to handle a potential surge in COVID-19 patients in West Michigan now include hospitals in Holland and Zeeland.