GRAND RAPIDS — At $6.9 billion in revenue for its most recent fiscal year, Spectrum Health holds significant economic clout and buying power in the Michigan economy.

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GRAND RAPIDS — Spectrum Health Ventures LLC’s latest investment follows a new corporate strategy from its parent health system to buy locally more often.

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Strong investment income lifted earnings in 2019 for the state’s two largest health insurers, Blue Cross Blue Shield of Michigan and Priority Health.

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An updated state estimate on the need for more nursing home beds has led operators to propose dozens of projects in Michigan that call for hundreds of new beds.

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Hospitals have a range of options to adjust for an influx of patients who contract the coronavirus and require hospitalization, a statewide trade group said this week.

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GRAND RAPIDS — Drug developer Tetra Therapeutics has secured a new equity investment from Japanese pharmaceutical company Shionogi & Co. Ltd.

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LANSING — Construction management firm The Christman Co. has acquired MEDCO Construction, the construction arm of Dallas-based health system Baylor Scott & White Health.

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Strong investment income lifted health insurer Blue Cross Blue Shield of Michigan to higher earnings across all business lines in 2019.

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Spectrum Health Ventures LLC’s latest investment went to a Grand Rapids tech company that provides an in-room, interactive platform to give information for hospitalized patients.

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ELMONT — A Grand Rapids-area software company that uses artificial intelligence to help health care providers monitor and maintain their facilities and equipment plans to scale operations with the backing of nearly $1.3 million in capital raised from investors.

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