Displaying items by tag: Grand Valley State University
At first glance, the 2019 Health Check report published by Grand Valley State University seems to suggest that medical innovation in Michigan and nationally slowed dramatically in recent years. But health care and legal experts say the medical patent numbers in the report don’t quite reflect reality. They cite an array of factors that likely drove steep declines from 2014 to 2017 in the number of medical patents issued and assigned, both nationwide and in Michigan.
Grand Valley State University economist Paul Isely still believes the U.S. economy could dip into a recession within a year, although West Michigan is likely to experience a “soft landing.”
GRAND RAPIDS — A new initiative funded with a $300,000 grant from the Wege Foundation wants to develop environmentally-conscious human beings at a young age. The aim for the Grand Rapids Environmental Education Network, or GREEN, is to have every student in Grand Rapids Public Schools participate in an environmental experience, according to Clayton Pelon, associate director of the Grand Valley State University College of Education who serves as the lead on the grant.
GRAND RAPIDS — Developers relied on low-income tax credits to add nearly 2,000 units of affordable housing in the city over the last five years. While the credits provide key gap financing to affordable housing developers, officials who administer the funding say the program is consistently “oversubscribed,” leading to delays for new projects.
Patients in West Michigan are more apt than people in the southeastern part of the state to connect with a doctor virtually to manage two chronic illnesses. That’s one finding in Grand Valley State University’s 2019 Health Check report, which shows a far higher utilization rate in the region for telehealth as an ongoing treatment option for diabetes and coronary artery disease.
A $500,000 grant from the Grand Rapids SmartZone will fund a program to use 3-D printing technology to accelerate the development and production of medical device components.
Whether the West Michigan manufacturing industry continues on an ongoing growth trend in 2019 or veers into a contraction remains uncertain. Economist Paul Isely, associate dean for undergraduate programs in the Seidman College of Business at Grand Valley State University, uses automotive, furniture, agriculture, and “amazingly nowadays” aerospace manufacturing to find the pulse of where the region’s economy is headed in the coming months and years.
Health care goes into 2019 facing many of the same issues and trends that have been driving industry change in recent years: the movement to value-based contracting, more use of telemedicine, growing concerns about cybersecurity, and greater price and cost transparency for consumers.
Michigan’s economy will see slower economic and employment growth in 2019 amid the ongoing tight labor market and less U.S. economic growth, economists say.