Grand Rapids, Mich.-Area Health Systems Poised to Consolidate and Expand Services

NASHVILLE, Tenn., Sept. 8 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that Grand Rapids, Mich.-area health systems are consolidating rapidly and expanding services to attract patients and keep residents from traveling outside of the area for services. According to the recent Grand Rapids Market Overview, Spectrum Health, the area's largest provider and employer, has merged with West Michigan Heart and plans to create a cardiology institute that would tie together clinical practice, research and teaching initiatives.

The report also finds that the area's Medical Mile has experienced an influx of healthcare construction, furthering the health systems' ambition to be seen as a medical tourist destination. Local healthcare executives hope that current patient outflow for services reverses and becomes an inflow from western Michigan residents seeking major procedures.

"Even as health systems are consolidating, they are also expanding services," says Lyda Phillips, market analyst with HealthLeaders-InterStudy. "Saint Mary's Health Care and Metro Health are considering partnering in areas such as cardiac care, physician recruitment, education and clinical protocols, while Metro Health launched a partnership with the University of Michigan Health System to offer radiation oncology treatment."

In addition to providing detailed analysis of how health systems are consolidating and expanding their services, the Grand Rapids Market Overview provides local-level insights about:

• The future of health plans as a result of health system consolidation
• Physician groups and their response to rising administrative costs
• Pharmaceutical manufacturers and how system consolidation might increase their restrictions
• Employer strategies to hedge a weak economy and rising premium costs

Why Pharmaceutical Sales Representatives Need Market Overviews

Market Overviews provide a detailed analysis of local healthcare market drivers in 87 of the nation's most dynamic metro areas.

About HealthLeaders-InterStudy

HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HL-ISY.com.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

SOURCE HealthLeaders-InterStudy

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