GRAND RAPIDS — The planned acquisition of a Detroit-area third-party benefits administrator will give Priority Health a greater ability to pursue business with employers that self-fund their health benefits.
Operating under a new name, a Detroit-based foundation for children aims to carve out a philanthropic role in West Michigan and create a statewide presence.
GRAND RAPIDS — Mercy Health Saint Mary’s in Grand Rapids and five Spectrum Health-owned hospitals earned top grades in a semi-annual report on patient safety. Spectrum Health’s Big Rapids, Ludington, Pennock Hospital in Hastings, United Hospital in Greenville and Zeeland Community Hospital joined Saint Mary’s in earning an “A” grade in the spring report card issued by The Leapfrog Group, a Washington, D.C.-based advocate for health care quality and patient safety.
GRAND RAPIDS — Two years ago, the venture capital arm that health system Spectrum Health formed to back innovative health care startups had to go looking for deals because nobody in the field knew it existed. Today, Spectrum Health Ventures LLC faces a much different situation. Investment prospects now often come from referrals by other large health systems across the U.S. that also operate venture capital arms and want co-investors for deals.
What began as a way for a software developer to keep families and friends updated on his daughter’s condition became a business opportunity for Open System Technologies Inc. in the health care industry. After a year-long pilot with Spectrum Health, Grand Rapids-based OST has begun to pitch the CareCircle service to health systems across the U.S., starting with the more than 100 hospitals that are already clients.
Spectrum Health-owned hospitals in Grand Rapids, East Grand Rapids, Zeeland and St. Joseph are among seven in Michigan ranked in an annual list of the 100 Top Hospitals in the U.S.
An upcoming open house provides companies a chance to connect with Spectrum Health, the City of Grand Rapids, Grand Valley State University and the Grand Rapids Public Schools. The city and Spectrum Health organized the Meet the Buyers open house for 2-5p.m., Thursday, March 14 at the David D. Hunting YMCA on Lake Michigan Drive in downtown. The open house gives companies a chance to meet with buyers and learn about bidding opportunities with organizations that have $1.5 billion in annual collective buying power.
GRAND RAPIDS — Spectrum Health joined a consortium of large health systems across the U.S. as way to reduce the cost and ensure the availability of generic medications. Through the nonprofit Civica Rx, the Grand Rapids-based health system hopes to cut by 20 percent or more the cost of generic drugs used in surgeries and patient treatments.
Spectrum Health was among a dozen members to join a consortium of health systems across the nation that plan to produce their own generic medications to address a shortage.
Tina Freese Decker became president and CEO at Spectrum Health on Sept. 1 following the retirement of Rick Breon. She leads West Michigan’s largest health system as the industry adapts to a combination of forces driving change, including greater consumerism and personalizing care to individual patients. As well, the industry has shifted to focus on keeping people healthy rather than treating them when they’re ill or injured, an economic model that rewards quality and pays care providers for outcomes rather than volume. Spectrum Health in 2018 moved into the Southwestern Michigan market with the merger of Lakeland Health in St. Joseph, and this fall formed a new partnership with Mary Free Bed Rehabilitation Hospital.