Health Care

KALAMAZOO — An influx of patients referred to Indiana to access inpatient mental health care led a South Bend operator of adult psychiatric hospitals to propose a new facility in Kalamazoo County.

Perrigo Co. plc’s $750 million acquisition of Ranir Global Holdings LLC brought together two companies that essentially were following the same path when their CEOs decided to talk business toward the end of 2018.

GRAND RAPIDS — Mary Free Bed Rehabilitation Hospital and Covenant HealthCare in Saginaw expanded their joint venture that began nearly two years ago with inpatient rehab care.

EAST LANSING — The dean of Michigan State University’s medical school will move into a new position where he’ll lead administration of health care academics, research and clinical care.

GRAND RAPIDS — Spectrum Health and Pine Rest Christian Mental Health Services launched a teletherapy service to widen access to behavioral health care across the state.

KALAMAZOO — Bronson Healthcare’s development of seven new medical office buildings throughout the Kalamazoo area accommodates the planned move next year of a medical group from a rival health system and deepens the organization’s presence across the market.

SOUTH HAVEN — Bronson Healthcare began construction on a new $22 million hospital in South Haven.

KALAMAZOO — Bronson Healthcare recently began work on a series of new medical office buildings that will house care providers moving to the Kalamazoo health system next year.

GRAND RAPIDS — Tetra Therapeutics says it is enrolling patients faster than expected for a clinical trial on a potential new drug to treat Alzheimer’s disease.

Melissa Cook, cardiovascular rehabilitation coordinator at Metro Health, spoke with MiBiz about the move in health care toward helping people to change their lifestyle to prevent or better manage disease and how the Pritkin program fits with it.

GRAND RAPIDS — Securing patent protection boosts the chances of a startup company to land the financing needed to commercialize a physical therapy medical device that was developed at Spectrum Health.

GRAND RAPIDS — Strong growth in patient volumes over the last several years led Mary Free Bed Rehabilitation Hospital to take on an expansion project much sooner than expected.

Legislation coming up for consideration in Lansing aims to alleviate so-called “surprise billing” in health care.

KALAMAZOO — Stryker Corp. said today it has signed a definitive agreement to acquire Mobius Imaging LLC, a Massachusetts-based advanced imaging technology company for about $370 million in cash.

GRAND RAPIDS — Spectrum Health aims to incorporate some of the lessons learned from operating the former Strive primary care and wellness office into its medical practices across West Michigan.

GRAND RAPIDS — Acquiring a Detroit-based HMO gives Priority Health a greater market presence in Southeast Michigan.

GRAND RAPIDS — Spectrum Health wants to become one of the first cardiac care providers in the nation to use an innovative diagnostic device that monitors and warns cardiac patients of an impending heart attack.

GRAND RAPIDS — Priority Health would expand its market presence in Southeast Michigan with the acquisition of Detroit-based HMO Total Health Care Inc.

Allegan General Hospital will become part of Ascension Michigan on Sunday following the signing of a final definitive agreement.

GRAND RAPIDS — Spectrum Health has closed Strive, the primary care medical and wellness practice started in downtown Grand Rapids two years ago that sought to bring a unique care model to the market.

Beneath all of the recent attention-grabbing issues such as escalating pharmaceutical prices, hospital pricing and surprise billing, there lurks what Ken Thorpe says is the real leading cause of ever-rising health care costs in America: Growing incidence rates of chronic illness.

As the state begins to implement new laws allowing adult recreational marijuana use, the Michigan State Medical Society wants a voice in the process.

Small employers who contract with Priority Health for their employee health benefits could pay slightly less for coverage next year.

A new health clinic on the south side of Grand Haven offers basic medical care to employees at three local companies.

Jaime Counterman first worked for Metro Health in a contract marketing position as the hospital relocated from Grand Rapids to Wyoming. After moving into philanthropy and working elsewhere, she returned in early 2016 to work as a fundraiser at the health system’s foundation, and subsequently moved on a year ago to become executive director of Ele’s Place, a nonprofit organization that works with children experiencing grief. Counterman spoke with MiBiz about why she again returned in June as director of the Metro Health-University of Michigan Health Hospital Foundation. 

KALAMAZOO — Bronson Healthcare Group trimmed its workforce this week.

CALEDONIA — A Boston fund’s $170 million cash deal for Caledonia-based Aspen Surgical typifies the growing interest private equity has for investing in health care companies.

GRAND RAPIDS — Grand Valley State University received a $2.8 million federal grant to train nurse practitioners who will work in rural and underserved markets.

CALEDONIA — Parent company Hill-Rom Holdings Inc. has entered a definitive agreement to sell its Caledonia-based Aspen Surgical business unit to a private equity firm for $170 million in cash.

ALLEGAN — Perrigo Co. plc completed the sale of its animal health business for $185 million to PetIQ LLC, an Eagle, Idaho-based pet health and wellness company.

KALAMAZOO — The last time Bronson Methodist Hospital hired a new CEO, the organization operated a single hospital with an assortment of outpatient clinics in the Kalamazoo area.

If a remedy ever comes, The Employers’ Association still wants to offer members an option for employee health coverage.

ALLEGAN — Perrigo Co. plc today closed on the $750 million cash acquisition of Grand Rapids-based Ranir Global Holdings LLC.

GRANDVILLE — West Michigan Dermatology has acquired The Dermatology Center of Grand Rapids PC.

GRAND RAPIDS — As more employers shift to high-deductible health plans, hospitals and doctors have wrestled with collecting the portion of the bill from patients who have not yet met their deductibles. 

GRAND RAPIDS — Spectrum Health Ventures LLC was among the lead investors that invested $10.3 million in Vynca Inc., a Palo Alto, Calif.-based provider of advanced care planning.

GRAND RAPIDS — The planned acquisition of a Detroit-area third-party benefits administrator will give Priority Health a greater ability to pursue business with employers that self-fund their health benefits.

A new medical device company in Kalamazoo plans to begin building a business around a product acquired from Stryker Corp. to treat a painful and potentially life-threatening condition.

GRAND RAPIDS — Since September 2017, Metro Health – University of Michigan has signed up 20 employers that contract directly with the health system to provide medical care for some 4,000 employees and their dependents.

KALAMAZOO — Frank Sardone, the long-time president and CEO of Bronson Healthcare, plans to retire at the end of 2019.

ALLEGAN — The sweeping transformation plan from Perrigo Co. plc President and CEO Murray Kessler aims to return the company to higher sales and earnings growth within a few years. Murray envisions a Perrigo that’s focused on “self-care,” producing products for consumers not only to treat themselves with store-brand, over-the-counter medications but also to maintain their health and prevent illness.

GRAND RAPIDS — Executives at Ranir Global Holdings LLC put a plan in place four years ago to grow the company and prepare for investors’ eventual exit. By 2018, as the world’s largest producer of private-label store-brand oral care products grew sales and earnings at double-digit rates, management started exploring various options, including the potential for an IPO.

GRAND RAPIDS — Mercy Health Saint Mary’s in Grand Rapids and five Spectrum Health-owned hospitals earned top grades in a semi-annual report on patient safety. Spectrum Health’s Big Rapids, Ludington, Pennock Hospital in Hastings, United Hospital in Greenville and Zeeland Community Hospital joined Saint Mary’s in earning an “A” grade in the spring report card issued by The Leapfrog Group, a Washington, D.C.-based advocate for health care quality and patient safety.

GRAND RAPIDS — Two years ago, the venture capital arm that health system Spectrum Health formed to back innovative health care startups had to go looking for deals because nobody in the field knew it existed. Today, Spectrum Health Ventures LLC faces a much different situation. Investment prospects now often come from referrals by other large health systems across the U.S. that also operate venture capital arms and want co-investors for deals.

KALAMAZOO — Peter Bergmann began his tenure as president at Ascension Borgess three months ago with a host of issues on his plate to manage. Among them is finalizing the proposed acquisition of 25-bed Allegan General Hospital and integrating it into the Kalamazoo-based regional health system, which includes hospitals in Kalamazoo, Dowagiac and Plainwell, as well as outpatient centers and physician offices.

Citing the loss of a key contract, Concerto Health Inc. plans to close three locations in Michigan, including an office in Kalamazoo.

Since deciding last fall to open a psychiatric urgent care center, Pine Rest Christian Mental Health Services President and CEO Mark Eastburg has heard from interested colleagues at care providers in the region asking about the possibility of replicating the model elsewhere.

Dr. Hyung Tai Kim becomes the new president next week at Mercy Health Saint Mary’s in Grand Rapids, a position he viewed as offering an “extraordinary opportunity to join an organization that believes in the things that I believe in.”