MiBiz is now Crain’s Grand Rapids Business. Visit our new site at crainsgrandrapids.com

Mark Sanchez

Mark Sanchez

Senior writer, covers health care, finance and life sciences. Twitter: @masanche

Thursday, 13 April 2023 16:39

Major health systems dropping mask mandates in ‘momentous’ shift of pandemic policy

Several Michigan health systems are mostly dropping mask mandates that they imposed three years ago early in the pandemic, citing a dramatic decline in COVID-19 patients, vaccines and readily available treatments. 

Wednesday, 12 April 2023 05:45

Michigan organizations receive $34.3M in federal funds to lend in low- and moderate-income communities

Fifteen Michigan organizations are receiving $34.3 million in federal funding to support lending in low- and moderate-income markets that are still recovering from the pandemic.

Tuesday, 11 April 2023 05:45

Access to credit may tighten, but Michigan banks maintain ‘strong’ health 

Michigan’s banking sector remains in good shape, despite the high-profile collapse last month of Silicon Valley Bank in California and New York’s Signature Bank that gave rise to concern about the state of the industry.

Friday, 07 April 2023 12:39

Survey finds 39% of Michigan hospital nurses want to quit within a year 

While Michigan hospitals had problems retaining nurses even before the COVID-19 pandemic, the situation grew much worse in the first two years of the public health crisis.

Thursday, 06 April 2023 17:16

Michigan health insurers keeping preventative care coverage despite Texas court ruling 

Priority Health and several other health plans in Michigan intend to maintain full coverage for preventative care for now.

Thursday, 06 April 2023 14:49

West Michigan private jet provider merging with Florida company to expand offerings 

CASCADE TWP. — West Michigan private jet service provider Northern Jet Management Inc. plans to merge into a Florida company to create a top-20 private air service provider in the U.S.

Thursday, 06 April 2023 09:38

Venture capital-backed startups face tighter credit, but not ‘the end of the world’ 

Silicon Valley Bank’s epic collapse further tightens the environment for venture capital-backed companies planning to raise additional and larger capital rounds in the near future, local investors say.

Thursday, 06 April 2023 06:00

Blue Cross Blue Shield proposes scaled-back 1% rate increase for small business plans

Blue Cross Blue Shield of Michigan wants to scale back a planned rate increase for small businesses that renew their employee health policies in the latter half of the year.

Monday, 03 April 2023 16:21

Physicians at Holland Hospital form JV to improve care for Medicare Advantage patients 

HOLLAND — Doctors at Holland Hospital are taking a deeper dive into value-based care through a joint venture with a Texas company.

Friday, 31 March 2023 18:29

Canadian sports firm to relocate HQ to Grand Rapids following Carbon River Capital investment  

GRAND RAPIDS — A Canadian company that provides timing and other services for endurance sporting events globally will move its headquarters to Grand Rapids as part of an investment from Carbon River Capital LLC.

Friday, 31 March 2023 15:53

West Michigan orthopedic practice slams Trinity Health lawsuit as a ‘money grab’ 

GRAND RAPIDS — Trinity Health Michigan’s federal antitrust case against Orthopaedic Associates of Michigan PC represents a “money grab” that resulted from a business dispute between the two health care organizations.

Thursday, 30 March 2023 16:32

Grand River Bank taps Drew Ysseldyke as next president 

GRANDVILLE — Drew Ysseldyke seized an opportunity to return to his community banking roots in joining Grand River Bank.

Thursday, 30 March 2023 13:02

Grand Rapids orthopedic surgeons move to Trinity Health as federal lawsuit proceeds against former practice

GRAND RAPIDS — Four surgeons suing their former employer to break non-compete agreements now work for Trinity Health, providing the foundation for building an orthopedic practice for the health system in Grand Rapids.

Tuesday, 28 March 2023 15:40

Perrigo to pitch FDA in May on over-the-counter birth control pill

GRAND RAPIDS — Perrigo Co. plc is now scheduled to make a pitch in May to federal regulators who will decide whether to approve an over-the-counter daily birth control pill for the U.S. market. 

Sunday, 26 March 2023 08:58

Mary Free Bed seeks $30M in public funds for new pediatric facility

GRAND RAPIDS — Mary Free Bed Rehabilitation Hospital hopes to secure additional public funding to finance half the cost for a new $60 million pediatric facility in Grand Rapids. 

Friday, 24 March 2023 08:52

Auxo adds to Precision Products Group platform with deal for Ohio-based niche manufacturer

GRAND RAPIDS — Private equity firm Auxo Investment Partners has added to a platform of manufacturing companies with a recent deal for Ohio-based Saylor Technical Products LLC.

Friday, 24 March 2023 08:44

Pine Rest takes over employee assistance contracts from Cherry Health

GRAND RAPIDS — Pine Rest Christian Mental Health Services has acquired employee assistance program contracts from Cherry Health.

Thursday, 23 March 2023 14:13

Return-to-office delays, economic pressures weigh on sales for MillerKnoll, Steelcase

Executives at MillerKnoll Inc. and Steelcase Inc. expect that their sales will ease slightly in the months ahead. 

Wednesday, 22 March 2023 19:03

Venture capital-backed SPDx eyes nationwide network of med device sterilization centers

GRAND RAPIDS — A startup company backed by West Michigan investors wants to reduce costs at hospitals and outpatient surgical centers by centralizing and managing their sterile processing for surgical instruments.

Wednesday, 22 March 2023 14:58

Grand Rapids mainstay Swift Printing transitions to third-generation leadership

GRAND RAPIDS — Swift Printing Co., a mainstay along Bridge Street on Grand Rapids’ west side for seven decades, has transitioned to a third generation of ownership. 

Tuesday, 21 March 2023 16:45

DeVos Children’s Hospital, McLaren partner to expand pediatric care in Lansing

LANSING — Corewell Health’s Helen DeVos Children’s Hospital plans to expand pediatric care in Lansing under an existing partnership with McLaren Health Care. 

Monday, 20 March 2023 17:36

Michigan family physicians call for more funding to avoid ‘full-blown’ staffing crisis

The group representing 4,300 primary care doctors in Michigan is calling for more public funding to stem a worsening shortage of family physicians, especially in rural markets.

Friday, 17 March 2023 15:41

Auto-Wares partners with PE firm Kinderhook, acquires Indiana auto parts distributor

GRAND RAPIDS — The parent company of Auto-Wares LLC, a distributor of aftermarket automotive parts to service centers and more than 200 company-owned stores in the Midwest, has secured an investment from Kinderhook Industries LLC, a New York City-based private equity firm.

Thursday, 16 March 2023 13:58

Ottawa County explores $27M public-private partnership to deploy broadband countywide

Ottawa County would extend broadband internet service to unserved and underserved areas of the county through a $27 million public-private partnership with a southeast Michigan firm.

Thursday, 16 March 2023 11:59

Health insurers worry ‘miracle treatments’ will drive up coverage costs

An emerging new generation of cell and gene therapies has insurers concerned about the effect on the cost of health coverage.

Monday, 13 March 2023 16:52

Corewell, Pine Rest create new collaborative to address access to mental health care

GRAND RAPIDS — A new partnership between Corewell Health and Pine Rest Christian Mental Services aims to tighten ties between the two organizations to improve access to care in West Michigan.

Sunday, 12 March 2023 18:00

Muskegon credit union breaks into commercial lending

MUSKEGON — A small credit union on the lakeshore has moved into commercial lending for small businesses.

Sunday, 12 March 2023 18:00

Michigan banks ‘very well positioned’ to weather economic turbulence

Banks in Michigan entered 2023 in good shape financially and positioned well even if the economy enters into a recession as predicted later this year.

Sunday, 12 March 2023 18:00

West Michigan lenders lean into due diligence processes ahead of possible downturn

Lenders head toward spring expecting further hikes in interest rates and with increased prospects for a mild economic recession beginning later this year.

Sunday, 12 March 2023 18:00

Citing public health crisis, care providers step up role against gun violence

Health care providers who have long advocated on behalf of patients and for their profession have become increasingly vocal on another front: gun violence.

Page 1 of 68