Displaying items by tag: Spectrum Health
Spectrum Health has formed a new venture capital fund that could invest up to $100 million into health care-related companies over the next decade, MiBiz has learned.
GRAND RAPIDS — A year ago, Joe Brennan felt excited when Spectrum Health’s MedNow recorded 50 patient visits a week as people started to use the telemedicine service.
Spectrum Health stands to regain more than $747,000 it paid in property taxes after successfully earning tax-exempt status on a medical center in Grand Rapids Charter Township.
Mercy Health aims to elevate its cardiac care through new partnership with the University of Michigan’s health system.
A deal with McLaren Health Care fills the final gap in the map for Priority Health’s care network across the Lower Peninsula.
GRAND RAPIDS — Facing a future in which the role of the traditional automobile is changing, officials in Grand Rapids continue to evaluate long-term mobility investments, particularly when it comes to parking.
Spectrum Health President and CEO Rick Breon expects West Michigan’s economy to stay strong in 2017, although the incoming Trump administration and the fate of the Affordable Care Act adds uncertainty to the year ahead for health care. Breon expects the new presidential administration “will, on some level, follow through on its campaign promise to repeal and replace the Affordable Care Act.” The big question is when and how that occurs.
Metro Health Hospital and two hospitals owned by Spectrum Health were ranked among the nation’s top hospitals by The Leapfrog Group, a national health care quality and safety advocate.
After 23 years of active duty in the U.S. Army, Jason Schenkel faced an uncertain future when he retired from the military a little more than a year ago.
GRAND HAVEN TOWNSHIP — Spectrum Health and Holland Hospital collectively put $130,000 in cash toward what was billed as an information and education campaign on a ballot question in the township where the two are developing a medical campus.
Spectrum Health plans a ceremonial groundbreaking Tuesday for a new medical campus within the Ada Village development.
Eleven hospitals in West Michigan were among 29 statewide to receive a top grade in the latest report card on patient safety.
GRAND RAPIDS — Over the course of four years, Michigan State University researchers managed to take about $300,000 and turn it into more than $4.5 million.
As final details come together for combining with the University of Michigan Health System, Metro Health is proceeding with development of a $6 million clinic to treat vascular disease.
At some point in the coming months, Mark Gurney and directors at Tetra Discovery Partners LLC will decide which road to travel into the future for their company.
The addition of Spectrum Health gives a statewide coalition of health systems a large West Michigan presence and heightens the potential for it to offer employers a new option for benefits.
The medical campus under construction west of Rockford in northern Kent County follows a move by Spectrum Health to concentrate care across its footprint into one-stop locations.
Metro Health can now begin performing angioplasty on an elective basis after earning state approval.
Affiliating with the University of Michigan Health System would give Metro Health scale and the access to expertise and capital needed for breaking out of the shadows of its larger competitors in Grand Rapids.
Grand Rapids-based Spectrum Health is the newest member of a statewide coalition of clinically-integrated health systems.
Two Grand Rapids care providers have rolled out new initiatives that further expand telehealth offerings.
GRAND RAPIDS — The planned opening of two Florida centers this fall will mark the first steps in a national growth strategy for Grand Rapids-based Neurocore LLC in the years ahead.
Here is the MiBiz Growth Report for Aug. 22, 2016.
• M&A: Dublin-based Perrigo Co. plc (NYSE: PRGO), which maintains its corporate headquarters in Allegan, Mich., will acquire Geiss, Destin & Dunn Inc. (GDD) of Peachtree City, Ga., according to a statement. GDD is a small national distributor of over-the-counter health care and consumer products to non-chain retail stores and institutional markets. Perrigo expects the deal, the terms for which were not disclosed, to close by the end of the month. The deal will strengthen and diversify its U.S. retail network, “providing us direct access to the non-mass retail market,” according to CEO John Hendrickson. GDD previously distributed Perrigo’s products.
GRAND RAPIDS — Two organizations that represent independent physicians in West Michigan could morph into a single new group they formed last year to give greater voice to doctors who operate their own medical practices.
Amid growing demand for health care talent, the partners behind a medical assistant apprenticeship program now look to expand the model to other in-demand areas.
GRAND RAPIDS — Five years after performing its first adult heart transplant, Spectrum Health not only treats more patients locally but also now looks to reach out to people in new markets.
Blue Cross Blue Shield of Michigan plans to ramp up a telemedicine service that enables members to connect electronically with physicians to discuss minor medical issues.
KALAMAZOO — Life sciences startup Innovative Cardiovascular Solutions LLC of Kalamazoo netted $1.4 million so far in a push to raise up to $7 million in Series B capital.
Michigan State University received two major donations totaling $15 million for the forthcoming $88.1 million Grand Rapids Research Center.
GRAND RAPIDS — The formation of a new support system to foster entrepreneurship in West Michigan severs what had been a direct link between higher education and the venture capital community.