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Health Biz (359)

GRAND RAPIDS — By creating a $100 million venture capital arm, Spectrum Health joins the ranks of U.S. health systems that invest money in companies developing new ways to treat patients and maintain health.

HOLLAND — Backed by a new $1 million round of funding, Shoulder Innovations Inc. plans to market its implant technology more aggressively to surgeons and health systems.

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.

GRAND RAPIDS — A new home health care provider in Grand Rapids targets a growing demand for service that’s driven by an aging population and changing consumer preferences.

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.

Federal legislation enacted just before former President Barack Obama left office offers small employers a new option to consider for employee health benefits.

If Mark Gurney can’t find the capital he needs in Michigan, his drug development firm is poised to look for it elsewhere.

The 2,000-plus cyclers who will pedal through West Michigan this June for the Gran Fondo event will do more than just get in a day’s ride. 

West Michigan’s cost advantages for health care services may be eroding.

Michigan hospitals serving distressed areas tend to earn lower quality scores. 

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.

The University of Michigan Health System’s acquisition of Metro Health appears on track to close in the near future.

KALAMAZOO — Southwest Michigan’s legacy in the life sciences industry and the area’s strong talent pool led accuFD Inc. to set up shop in Kalamazoo.

GRAND RAPIDS — Grand Valley State University seeks to raise $10 million through a capital campaign to coincide with the construction of a $37.5 million academic center along the Medical Mile.

Mike Jandernoa leaves the board at Perrigo Co. plc next spring and in the process ends a link to the company’s past when it was a far smaller producer of medications in rural Allegan.

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