Health Care

Greg Loomis doesn’t consider the clattering of construction equipment just outside his office to be a daily distraction, but rather the future of health care in Muskegon County taking shape.

What one Grand Rapids-area physician considers a form of “extortion,” others see as a necessary way to gauge how well doctors keep up with modern medicine.

The heightened use of cheaper generic drugs has not been enough to stem the rising costs of prescription medication for Americans. 

Legislation requiring doctors to use a state-run drug-monitoring system before prescribing a controlled substance represents the “start of a journey” to address the opioid epidemic in Michigan.

Employment in Michigan’s health care sector grew steadily during the first half of the decade, reaching nearly 588,000 jobs as of 2015 and generating an economic impact of about $35 billion.

GRAND RAPIDS — A medical device startup will use a new $2.1 million capital investment to prepare for larger clinical trials for its new product that treats obesity.

EAST GRAND RAPIDS — Spectrum Health plans to relocate long-term acute care to Blodgett Hospital through a partnership with a major national provider in the field.

KALAMAZOO — The launch of a clinical trial in Europe brings a Southwest Michigan medical device startup a step close to the marketplace and an eventual sale.

ZEELAND — On the heels of opening an outpatient surgery center in Grand Rapids in February, a California firm has set its sights on developing another facility in West Michigan.

KALAMAZOO — The level of hiring activity and the frequency of job changes for today’s workers has generated steady growth for companies performing alcohol and drug screening.

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.

GRAND RAPIDS — After closing last spring on a $2 million venture capital investment, Ted Spooner began seeking another $8 million for his company, RespondWell LLC, a Grand Rapids-based telehealth provider.

Michigan employers have not transitioned to lower-cost, high-deductible health plans as quickly as the rest of the nation.

New federal regulations that take effect Jan. 1 may require some employers to adjust the incentives they offer to get employees to join their workplace wellness programs.

GRAND RAPIDS — The sale of RespondWell LLC last summer for an undisclosed sum was the first exit recorded by venture capital firm Michigan Accelerator Fund.

GRAND HAVEN TOWNSHIP — Spectrum Health and Holland Hospital collectively put $130,000 in cash toward what was billed as an information and education campaign on a ballot question in the township where the two are developing a medical campus.

SOUTH HAVEN — Frank Sardone sees nothing but positives in the overwhelming voter support for the pending addition of South Haven Health System into Bronson Healthcare Group.

At some point in the coming months, Mark Gurney and directors at Tetra Discovery Partners LLC will decide which road to travel into the future for their company.

As final details come together for combining with the University of Michigan Health System, Metro Health is proceeding with development of a $6 million clinic to treat vascular disease.

 

The availability of scientific and executive management talent and the access to later-stage investment capital remain major issues for Michigan’s life sciences industry.

GRAND RAPIDS — Over the course of four years, Michigan State University researchers managed to take about $300,000 and turn it into more than $4.5 million.

The medical campus under construction west of Rockford in northern Kent County follows a move by Spectrum Health to concentrate care across its footprint into one-stop locations. 

The addition of Spectrum Health gives a statewide coalition of health systems a large West Michigan presence and heightens the potential for it to offer employers a new option for benefits.

KALAMAZOO — The rebranding of Borgess Medical Center in Kalamazoo follows a move by parent company Ascension Health to create a single brand identity for all of its hospitals and care centers.

Metro Health’s probable link with the University of Michigan Health System comes a little more than a year after a joint venture collapsed with one of the largest operators of hospitals in America.

Affiliating with the University of Michigan Health System would give Metro Health scale and the access to expertise and capital needed for breaking out of the shadows of its larger competitors in Grand Rapids.

GRAND RAPIDS — The planned opening of two Florida centers this fall will mark the first steps in a national growth strategy for Grand Rapids-based Neurocore LLC in the years ahead.

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