Displaying items by tag: health care
Michigan slips in hospital-payment ranking as health systems also face rising costs
Michigan slipped six spots in RAND Corp.’s latest analysis of what hospitals in the U.S. charge private health insurers compared to what they receive from Medicare.
Pine Rest patient volume exceeds expectations since opening psychiatric urgent care center in 2019
Pine Rest Christian Mental Health Services’ psychiatric urgent care center has served more than 13,500 patients since opening in 2019, a volume that exceeded expectations and accelerated as the COVID-19 pandemic took a toll on mental health.
Trinity Health Muskegon, nurses union agree to new contract deal
The union representing registered nurses at Trinity Health Muskegon has agreed to terms on a new contract with the health system that will pay them higher wages as well as retention and other one-time bonuses.
CMS Energy, Spectrum Health partnering on solar array to help power GR rehabilitation facility
GRAND RAPIDS — CMS Energy and Spectrum Health West Michigan are partnering on a new solar energy project that will help meet the power needs at a planned 80-bed subacute rehabilitation center on the city’s northeast side.
Stryker records Q1 sales growth despite supply chain, hospital staffing challenges
KALAMAZOO — Stryker Corp. recorded a solid first-quarter sales gain despite supply chain issues and staffing shortages at hospitals that delayed the installation of capital medical equipment.
$120M federal contract positions Grand River Aseptic Manufacturing for further growth
GRAND RAPIDS — A $120 million investment by the federal government will fund a large share of the cost for Grand River Aseptic Manufacturing Inc.’s latest expansion.
Spectrum Health 2021 income dropped as health systems combatted COVID-19 case surges, staff shortages
GRAND RAPIDS — Spectrum Health recorded a smaller bottom line for 2021 as health systems nationally were ailing from COVID-19 case surges and staff shortages that drove up labor costs.
University of Michigan Health-West opens new Allendale outpatient medical center
ALLENDALE — University of Michigan Health-West has opened a new outpatient medical center in Allendale.
BHSH System, GVSU launch $19M scholarship program to combat nursing shortage
GRAND RAPIDS — BHSH System will put $19 million toward increasing the talent pipeline for nurses who earn their degree at Grand Valley State University, officials announced today.
Aspen Surgical Products receives additional capital from Boston PE firm
CALEDONIA — Aspen Surgical Products Inc. has received additional capital from Boston-based Audax Private Equity to support further growth.
MiBiz on WOOD-TV8: North Ottawa Community Health System, Trinity Health discussing merger
Executives at North Ottawa Community Health System and Trinity Health, the Livonia-based parent company of Mercy Health, have signed a non-binding letter of intent to explore the potential of a merger between the two systems.
GR medical liability coverage provider acquired by Minnesota firm
Michigan Professional Insurance Exchange, a Grand Rapids-based provider of professional medical liability coverage for health systems and care providers, has signed an agreement to sell to a Minnesota company.
MiBiz on WOOD-TV8: Generic drug maker developing low-cost insulin
With the financial backing of several Michigan-based health care companies, generic drug manufacturer CivicaRx is preparing to produce low-cost insulin within the next two years.
North Ottawa Community Health System, Trinity Health in merger talks
GRAND HAVEN — North Ottawa Community Health System would become part of Trinity Health, the parent company of Mercy Health in West Michigan, if the two are able to finalize a merger agreement that was announced today.
Administrative law judge rules in favor of Mercy Health, affiliate’s plan for Kent County psychiatric facility
Mercy Health and a Pennsylvania operator of psychiatric hospitals could get final approval soon to build a new inpatient facility in Kent County.
Legislation would help North Ottawa, other community hospitals partner with larger health systems amid operating challenges
Proposed legislation in Lansing would streamline the process for North Ottawa Community Health System in Grand Haven, and potentially other Michigan community hospitals, to partner with a larger health system.
Blue Cross Blue Shield spent $860M on COVID-related claims in 2021; future costs to be factored into rates
The high cost of medical claims tied to the COVID-19 pandemic drove Blue Cross Blue Shield of Michigan to a loss in 2021 on its core health insurance business.
Perrigo builds sales momentum as key segment rebounded in 2021
ALLEGAN — Perrigo Co. plc gained momentum toward the end of 2021 as sales in its key cough and cold medication segment rebounded and the company moves forward as a consumer self-care company.
Legislature approves $300M in COVID relief funding to help retain health care workers
Legislation allocating $1.2 billion in pandemic relief funding that’s now headed to Gov. Gretchen Whitmer for her signature includes $300 million to help health care providers retain and attract staff.
Michigan COVID-19 hospitalizations continue decline after omicron surge
COVID-19 hospitalizations across Michigan declined again during the last week, continuing a trend after peaking about a month ago.
Future health care costs in focus as Spectrum, Beaumont finalize merger
The new health system that Spectrum Health and Beaumont Health plan to launch Tuesday will have considerable market clout in the Michigan health care market, raising concerns about the potential effect on costs.
MiBiz on WOOD-TV8: Hospitals take measures as capacity, staff stretched
West Michigan hospitals are delaying care, shifting staff and repurposing spaces — among other measures — in response to the latest COVID-19 surge that’s pushing systems and workers.
Biz groups welcome halt to ‘sweeping and disruptive’ federal vaccine mandate for large employers
Business advocates hailed Thursday’s U.S. Supreme Court ruling that halted President Joe Biden’s vaccine mandate for larger employers.
Spectrum Health announces $151M in facility expansions, including new 11-story medical center in Grand Rapids
GRAND RAPIDS — Spectrum Health plans to spend $151 million to develop three new outpatient medical centers in downtown and rural markets north of Grand Rapids.
‘This surge is not like the others:’ State health officials expect spike in COVID-19 hospitalizations in coming month
Michigan is poised to see a “very sharp crest” in the coming weeks in COVID-19 cases and hospitalizations as the delta and omicron virus variants sicken thousands more people in a post-holiday surge, according to state health officials.
Stryker to buy health care software company for nearly $3B
KALAMAZOO — Stryker Corp. plans to buy health care software company Vocera Communications Inc. for nearly $3 billion.
Spectrum-Beaumont merger, COVID-19 dominate most-read health care stories in 2021
The planned merger between Spectrum Health and Beaumont Health sent shockwaves through Michigan’s health care community, and aspects of the blockbuster proposal accounted for half of MiBiz’s 10 most-read health care stories in 2021.
Spectrum Health approved for 54 additional hospital beds in case COVID surge worsens
GRAND RAPIDS — Spectrum Health can temporarily add another 54 inpatient hospital beds in Grand Rapids should a surge in patients from the COVID-19 pandemic worsen in the coming weeks.
Mercy Health Muskegon to receive federal support of 17-person medical team
MUSKEGON — Mercy Health Muskegon will get federal support to care for a surge in patients hospitalized with COVID-19.
MiBiz on WOOD-TV8: Mercy Health, Network180 partner on new behavioral health clinic
GRAND RAPIDS — Mercy Health and behavioral health care provider Network180 are partnering to open a new Behavioral Health Crisis Center in Grand Rapids next year.