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Health Biz (443)

GRAND RAPIDS — An on-demand home health service Spectrum Health debuted a month ago aims to aid not only patients but also the people who care for them.

A Holland-based venture capital firm closed last week on $7.2 million of the $10 million it seeks to raise to invest in health care startups

GRAND RAPIDS — The foundation supporting Mercy Health Saint Mary’s made staffing changes in preparation for a major capital campaign that could launch this summer.

The largest organization representing Michigan doctors is opposing legislation that would create a new way for physicians in the state to obtain medical licenses in other states to practice telemedicine.

GRAND RAPIDS — Nearly four years after forming a research center, Mary Free Bed Rehabilitation Hospital wants to focus more on exploring and developing potential new therapies to treat patients.

Transparency in health care in Michigan took a step forward with the launch of yet another online database for patients across the state to look up hospital data.

Whether a coalition of large health systems that plans to get into the generic drug business can actually do something about shortages or escalating prices remains to be seen.

GRAND RAPIDS — Mercy Health’s new primary care medical practice on Grand Rapids’ west side resulted from what Ben Look calls a lot of dissatisfaction.

KALAMAZOO — Armune BioScience Inc.’s sale to a Wisconsin company provides another exit for investors that generates returns they can use in future deals for life sciences startups in Michigan.

KALAMAZOO — Armune BioScience Inc.’s sale to Madison, Wis.-based Exact Sciences Corp. reinforces the reality that some West Michigan-based life sciences firms will have to move out of the region to grow.

The deal to buy a majority stake in Muskegon-based Shoreline Vision serves as the largest transaction yet for Great Lakes Management Services Organization.

GRAND RAPIDS — With construction of the $37.5 million Raleigh J. Finkelstein Hall and work set to begin later this year on another facility along the Medical Mile, Grand Valley State University expects to expand its health care programs.

Physician practices in Michigan drive $59.1 billion in economic output and support more than 305,000 jobs, according to a new study from the American Medical Association.

GRAND RAPIDS — SpendMend LLC, a company that provides spending visibility and audit and recovery services to the health care industry, sold a majority stake to Chicago-based private equity firm Sheridan Capital Partners.

Physicians considering their next steps in the business have an emerging alternative to consider that would allow them to remain independent.

Health coverage from Blue Cross Shield of Michigan maintains a dominant hold in most markets across the state with the exception of Priority Health’s home base.

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