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HealthBiz

In exploring a potential partnership, the Ludington-based Memorial Medical Center of West Michigan may join a growing consolidation movement that’s driven by major changes in the health care industry.

Priority Health appoints Freed CEO

Written by | Sunday, 30 September 2012 10:07 |

Mike Freed is moving into the CEO position at Priority Health as just about everything in health care is changing.

Blue Cross CEO defends insurer’s size

Written by | Thursday, 27 September 2012 13:41 |

As legislators review a proposal to transition Blue Cross Blue Shield of Michigan to a not-for-profit mutual insurance company, the last thing President and CEO Dan Loepp wants to hear are arguments about the insurer’s size.

What one side sees as leveling the playing field in Michigan in preparation for major national changes in the health care landscape, the other side views as potentially preserving what it considers a monopoly.

As attention primarily focuses on the fate of the Affordable Care Act, insurers and care providers are steadily moving ahead with reforms of their own in how doctors and hospitals get paid.

Low-cost health plan names CEO

Written by | Sunday, 16 September 2012 18:15 |

Work to form a new, low-cost health plan designed for low-income individuals and small businesses in Michigan now has permanent leadership with the naming of a CEO.

In piloting a model to help small employers implement a workplace wellness program, the Small Business Association of Michigan first wants to develop a model that small employers can adopt to improve the health of their employees and ultimately reduce the cost of their health coverage.

GVSU, Right Place to co-manage GR SmartZone

Written by | Sunday, 16 September 2012 17:49 |

Grand Rapids’ SmartZone, formed a decade ago to spur development of new life sciences businesses, is about to get a new management structure.

Aspen Surgical sold for $400M

Written by | Tuesday, 04 September 2012 11:07 |

Privately held Aspen Surgical, a Caledonia, Mich.-based supplier of scalpels and other operating room equipment, has been sold to publicly traded Hill-Rom Holdings Inc. for $400 million in cash.

Porter Hills Retirement Communities & Services launched a new service that follows an emerging care model to help older adults remain in their homes as they age, rather than move to a retirement community, an assisted-living center or nursing home.

Perrigo’s growth aided by new products

Written by | Monday, 03 September 2012 21:20 |

Heavy investments made over the years in new product development drove Perrigo Co.’s record sales and earnings during the last year.

When Steve Marciniak worked as a retail pharmacist several years ago, he needed to clarify or ask questions about one out of every 10 prescriptions he received.

The use of health savings accounts picked up steam locally and nationally during the last two years as employers increasingly transitioned to high-deductible policies for employee health coverage to control costs.

The life sciences industry took its share of knocks over the past few years, but it also had a few bright spots.

A state insurance commissioner's order on so-called "most favored nation" clauses far from settles the issue in Michigan. The order prohibits the clauses in health insurers' contracts with hospitals unless reviewed and approved by his office.

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