The Patient Company Secures $1 Million in Seed Round bridging innovation and collaboration on its way to early pilot


Grand Rapids, MI (Mar 1, 2021) – The Patient Company, a healthcare innovations management and product development Company, originally launched in collaboration with Spectrum Health, announced today its capital raise of $1 million in an oversubscribed seed round.

The idea for the SimPull device was developed internally at Spectrum Health from the input of patient transport and employee safety specialists including team lead, Andrew Heuerman.

“The SimPull device began with a two-year collaboration with faculty and students from Grand Valley State University’s (GVSU) College of Engineering and Computing. In the spirit of innovation, Spectrum teams did not spare our feelings when they evaluated our prototypes, but their objective input energized the students and led to better designs. SimPull was then created,” remarked Dr. Farris of GVSU.



Kentwood Teenager Beats His Cancer In Every Sense Of The Word


January 24, 2020

GRAND RAPIDS, Mich — Since May 2019, Henry Dai has been in the fight of his life. It started with a bad cold and grew into the realization that he had lymphoma.

“It’s a very challenging tumor because it can develop very, very quickly,” said Dr. James Fahner. “It can threaten the function and structure of nearby organs and it comes on so dramatically and so suddenly that sometimes the kids are very critically ill at their initial diagnosis.”

The East Kentwood High School student fought hard against cancer and recently beat it. On Friday, Jan. 24, Dai got to stick it to cancer in a big way.


Global Healthcare Exchange Announces Acquisition of Lumere

Global Healthcare Exchange Announces Acquisition of Lumere


Louisville, CO – Monday, January 13, 2020 – Global Healthcare Exchange (GHX) today announced it has acquired Chicago-based Lumere, a leading provider of evidence-based data and analytics solutions that enable healthcare organizations to build clinically integrated supply chains and optimize medication formulary management. The Lumere acquisition expands GHX’s growing portfolio of innovative solutions that help healthcare organizations run the new business of healthcare – one where payments for care delivery are increasingly tied to quality of care and efficiency. By combining the powerful assets of GHX and Lumere, GHX seeks to create the gold standard in data governance, providing a single source of trusted information for the management of devices and drugs used in the delivery of care. The Lumere acquisition also significantly extends GHX’s footprint in the pharmaceutical market, helping health systems more strategically manage the complex area of pharmacy cost.

Lumere has emerged as the industry leading source of technology solutions that drive evidence-based device and drug utilization and purchasing decisions. Spend on medical products and drugs represents one of the fastest growing expenses for US health systems. The combination of Lumere’s capabilities with GHX’s unmatched network of providers and suppliers will enable the industry standard for device and drug intelligence needed to optimize patient value.


Medical Moment: SimPull Device from Spectrum Health Innovations


To view this article as a video, click the link below.


Spectrum Health Launches New Product That Makes Moving Patients Easier


GRAND RAPIDS, Mich. (WOOD) – Safety inside a hospital is always a top concern. That’s why Spectrum Health is launching a new product that makes moving patients easier, with less injuries to the hospital staff.

Today, we’re joined by CEO of The Patient Company, Andy Heurerman, and Spectrum Health Innovations Manager, Anthony Lazzaro, who are here to tell us all about it.


New Thermal Bra Helps Keep Breast Cancer Patients Warm After Reconstructive Surgery

For women going through breast cancer treatment and have had reconstructive surgery, they’re left without tissue to help them retain warmth, causing them to be very cold in the cooler months.

Spectrum Health Innovations and Elemental LLC have teamed up to create a solution to this problem, in the thermal bra.

A Spectrum Health employee, who’s also a breast cancer survivor, brought the idea to Spectrum Health. After researching the idea and learning there wasn’t a product on the market like it, they teamed up with Central Michigan University to create the product.


24 Semi-Finalists Named For $1 Million Accelerate Michigan Innovation Competition


DETROIT – Twenty-four semi-finalists were announced Monday for the 10th annual Accelerate Michigan Innovation Competition where the top prize is $350,000.

The semi-finalists were drawn from nearly 300 registered companies. These semi-finalists will have the opportunity to meet-on-one with investors to discuss their business proposals. Judges will then select six finalists to present live at a seated dinner to more than 400 investors, entrepreneurs and community leaders on November 13 at the State Savings Bank in Detroit. 

“The selected semi-finalists showcase the momentum of Michigan’s entrepreneurial ecosystem over the past decade,” said Martin Dober, senior vice president and managing director of ID Ventures. “Each year, we see more incredible talent and companies that are transforming the way legacy industries operate. We are proud to support the development of these Michigan-based companies that will continue to drive our economy and shine a national spotlight on the innovation happening in the state.”


40+ Hospitals And Health Systems With Great Innovation Programs


Becker’s Healthcare is pleased to recognize more than 40 hospitals and health systems with innovation programs.

The hospitals and health systems on this list have committed to staying on the forefront of change in healthcare. The hospitals have dedicated departments, institutes and organizations to promote research, development and innovation. Several of the centers include process redesign, care delivery and coordination improvement initiatives; others incubate new ideas for integrating IT into healthcare delivery.


Backed By Patent Protection, Medical Device Startup Gets Closer To Commercialization

BY MARK SANCHEZsharethis sharing button

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.

The idea originated four years ago with physical therapists at Spectrum Health who wanted a better way to support frail or disabled patients during therapy. The therapists took their concepts to Spectrum Health Innovations LLC, a division of the Grand Rapids health system that vets and works to commercialize clinicians’ ideas that hold promise.

“When we started looking into it we said, ‘Hey, we think there’s something here,’” Spectrum Health Innovations President Brent Mulder said of the SafetySit device. “Through the process of design and innovation and going back and forth, we were able to come up with a pretty clever design.”


Spectrum Health Ventures invests in care planning startup

Spectrum Health Ventures invests in care planning startup


Wednesday, June 19, 2019 12:37pm

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.

The venture capital arm of Grand Rapids-based Spectrum Health invested $1 million in the Series B capital round, which also included First Trust Capital Partners LLC in Wheaton, Ill., Chicago-based OCA Ventures, and other strategic investors.

Dr. Scott Lancaster, clinical director for Spectrum Health Ventures, joined the Vynca board as an observer.

The capital will fund new product development and the company’s expansion into new geographic markets, according to a statement.

“Spectrum Health Ventures supports innovations that can reduce cost, improve quality, and increase patient engagement and satisfaction,” Lancaster said. “We are proud to partner with Vynca, whose impressive growth and innovative platforms are providing national leadership by reflecting patient preferences for end-of-life care.”