The association health plan two business groups formed last fall for small Michigan-based employers has recorded strong enrollment in its early months. TrascendAHP — created in October by the Lansing-based Small Business Association of Michigan and Warren-based Michigan Business and Professional Association — enrolled about 300 small businesses through January. Those companies account for more than 1,400 contracts between TranscendAHP and their employees for health coverage.
GRAND RAPIDS — West Michigan investment banking firm Charter Capital Partners led a $18.3 million financing round in Malvern, Pa.-based Trice Medical Inc. The Series C capital round will go to expand Trice Medical’s commercialization and accelerate the development of its product portfolio.
At first glance, the 2019 Health Check report published by Grand Valley State University seems to suggest that medical innovation in Michigan and nationally slowed dramatically in recent years. But health care and legal experts say the medical patent numbers in the report don’t quite reflect reality. They cite an array of factors that likely drove steep declines from 2014 to 2017 in the number of medical patents issued and assigned, both nationwide and in Michigan.
KALAMAZOO — More than 60 care providers with a Southwest Michigan medical group plan to switch from Ascension Borgess and instead affiliate with Bronson Healthcare next year. The five-year provider service agreement between Portage Physicians P.C. and Bronson takes effect July 1, 2020. The 30 doctors and 32 physician assistants and nurse practitioners who now practice at six Ascension Borgess ProMed offices in the Kalamazoo area will relocate and staff new Bronson offices.
Mercy Health plans to develop more outpatient medical centers in West Michigan over the next few years. The newest center will come online on East Fulton Street in Ada, where Mercy Health is presently building out space that will house family and internal medicine physicians, neurology, OB-GYN, X-ray, a lab and ancillary services, including physical therapy. Mercy Health expects to offer the first services at the new Ada location in April, said Chief Integration Officer Mary Boyd.
KALAMAZOO — Private equity-backed Beacon Specialized Living Services Inc., a provider of specialized residential health care services, has expanded into Minnesota. The deal for Saint Paul, Minn.-based Owakihi Inc. marks the for-profit Beacon’s first foray outside of Michigan, according to a statement.
Western Michigan University Professor David Karowe, Ph.D. has dire predictions for what will happen if people across the globe fail to take swift action to replace fossil fuels with green energy. While climate change affects systems globally, it will have real effects on the West Michigan region and its economy, according to Karowe’s predictions, which are informed by his years of research on the effects of rising atmospheric carbon dioxide in plants.
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.
Patients in West Michigan are more apt than people in the southeastern part of the state to connect with a doctor virtually to manage two chronic illnesses. That’s one finding in Grand Valley State University’s 2019 Health Check report, which shows a far higher utilization rate in the region for telehealth as an ongoing treatment option for diabetes and coronary artery disease.
GRAND HAVEN — After first launching a device to kill germs in health care settings, UV Partners Inc. has a new product to disinfect and charge cell phones while working or driving. The company’s UV Angel Aura Clean & Charge embeds into a wireless charging base technology that senses germs and automatically disinfects a smartphone, which according to a 2012 University of Arizona study can carry far more bacteria than a toilet seat.