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McLaren Health Care company logo
Non-Profit Foundation
mclaren.org

Investments

2

Partners & Customers

10

About McLaren Health Care

McLaren Health Plan provides affordable health insurance solutions for businesses and individuals in Michigan.

Headquarters Location

Michigan,

United States

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Latest McLaren Health Care News

Michigan healthcare workers picket

Sep 23, 2023

Local 24 held an informational picket of about 300 support staff at McLaren Bay Region Hospital in Bay City, Michigan. The workers in Local 24 are nurse aides, nurse clerks, surgical support teams, housekeeping, maintenance, and others. Detroit and Ohio nurses picket, September 2023. [Photo: UNITE HERE Local 24] The previous contract for these workers expired in February 2023. Workers recently voted by 99 percent to authorize a strike, decisively rejecting the hospital’s latest contract offer. Since then, management has refused to budge from its position. The workers at McLaren Bay Region confront similar conditions to those of healthcare workers around the country, including unsafe staffing levels and extremely low pay. The 415-bed acute care hospital is part of the $6.6 billion McLaren Health Care system, which comprises 28,000 employees and provides services to 732,838 people in Michigan and Indiana. Despite the system’s nonprofit status, McLaren Bay Region is run like a for-profit company: the income goes to fund the bloated salaries of executives and top managers. According to tax records from ProPublica, in the fiscal year 2021 the hospital paid its highest-paid employees nearly $10.7 million, an increase of almost $2.5 million from the previous year. This increase accounts for more than 9 percent of the increase in the hospital’s net revenue during the same period. At the picket, workers spoke with WNEM 5 about what the conditions are in the hospital. Kristy Ahler, an emergency room nursing clerk and shop steward, said, “We have emergency rooms that are full of patients, that our average wait time is four to six hours. Safe patient ratios, competitive and fair wages, we’re short-staffed all the time, and there’s little to no end to this. Every single day we come in and we have floors that are short, every single day.” Karen Lowery, an endoscopic patient care associate, told reporters, “We had a girl the other night who worked on the floor by herself, and she had 30 patients she had to care for. If you do the math, that’s one patient every two minutes. That’s not enough care; would you want someone to give two minutes to your mother if she were here? It’s not right, McLaren. People should make more than $13 per hour in today’s society.” The pay scales in the expired contract, negotiated by Unite Here in 2021, reveal the poverty wages which McLaren Bay Region pays its employees. The lowest paid workers were patient safety associates, whose starting wage upon ratification was $11.30 per hour, with a maximum of $15.64 after February 2022. Nurse assistants had a starting wage of $14 on ratification and maxed out at a mere $19.12 after February 2022. Other workers in Unite Here making starvation wages under the last contract include: dietary and environmental services aides ($11.92 to $16.18), transporters, rehab aides and surgical support associates ($12.74 to $18.15), cardiac care endo PPH care associates ($13.17 to $19.15), custodians and storekeepers ($13.00 to $17.76), cooks ($13.83 to $19.20), lab assistant II, OB care and patient care associates ($14.28 to $19.80), and lab technical assistants ($15.57 to $21.60). Workers should not put their faith in the Unite Here bureaucracy to organize a fight for higher salaries or safe staffing requirements. This is the same union which negotiated the poverty wages against which workers are fighting in the first place. Sharron Adlam, a health unit coordinator and union organizer, told WNEM 5 that, while support staff are willing to strike, the union claims to hope that management will come back with a better offer. In fact, president and CEO Darrell Lentz has stated that management will ignore the pickets in negotiations. Shop steward Ahler laid out the union’s strategy quite clearly: “We’re not here to hurt McLaren, we’re just here to make things right with our members.” An informational picket by itself will not encourage McLaren Bay Region to “make things right” and provide decent wages or guarantees for safe staffing. Instead of accepting the defeatist strategy of hoping the company will “make things right,” support staff at McLaren Bay Region must take their struggle out of the hands of the union bureaucrats, forming rank-and-file committees to unite with healthcare workers across the country. The support staff at McLaren Bay Region are not alone in their fight. Currently, 1,700 nurses at Robert Wood Johnson University Hospital in New Jersey have waged a six-week struggle without strike pay, demanding guarantees of safe staffing. Recently, 85,000 workers for Kaiser Permanente, whose contract is set to expire at the end of the month, voted by 98 percent to authorize a strike. Unite Here has no intention of uniting the struggle of support staff at McLaren Bay Region with their class brothers and sisters around the country and the world. Such a strategy is only possible by building committees of rank-and-file workers that can unite the struggles of all health care workers. Are you a health care worker with a story to tell? Make your voice heard! All submissions will be kept anonymous.

McLaren Health Care Investments

2 Investments

McLaren Health Care has made 2 investments. Their latest investment was in Exela Pharma Sciences as part of their Corporate Minority on September 9, 2021.

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McLaren Health Care Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/8/2021

Corporate Minority

Exela Pharma Sciences

Yes

1

12/24/2007

Unattributed VC

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$99M

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0

Date

9/8/2021

12/24/2007

Round

Corporate Minority

Unattributed VC

Company

Exela Pharma Sciences

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Amount

$99M

New?

Yes

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Co-Investors

Sources

1

0

McLaren Health Care Acquisitions

2 Acquisitions

McLaren Health Care acquired 2 companies. Their latest acquisition was St. Luke's Hospital on December 06, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/6/2019

Other

$99M

$0.04M

Merger

2

11/2/2017

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$99M

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10

Date

12/6/2019

11/2/2017

Investment Stage

Other

Companies

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Valuation

$99M

$99M

Total Funding

$0.04M

Note

Merger

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Sources

2

10

McLaren Health Care Partners & Customers

10 Partners and customers

McLaren Health Care has 10 strategic partners and customers. McLaren Health Care recently partnered with Leo Cancer Care on July 7, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

7/20/2023

Partner

United Kingdom

Important Milestone Reached in the Upright Radiation Technology Journey at McLaren Proton Therapy Center

We have already made significant progress in our development of the integrated approach for McLaren Proton Therapy Center and Leo Cancer Care systems to deliver proton therapy upright .

1

10/28/2022

Vendor

Sweden

McLaren Proton Therapy Center – Karmanos Cancer Institute, selects RayStation for proton planning.

The partnership between Leo Cancer Care and RaySearch was recently announced in a separate press release .

1

2/25/2022

Partner

United States

MSU Health Care Expands Partnership with McLaren Greater Lansing to Provide Health Care to mid-Michigan

MSU Health Care is expanding their partnership with McLaren Greater Lansing to increase access to patients seeking care and healing in mid-Michigan .

1

2/17/2022

Partner

United States

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10

1/1/2022

Partner

United States

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10

Date

7/20/2023

10/28/2022

2/25/2022

2/17/2022

1/1/2022

Type

Partner

Vendor

Partner

Partner

Partner

Business Partner

Country

United Kingdom

Sweden

United States

United States

United States

News Snippet

Important Milestone Reached in the Upright Radiation Technology Journey at McLaren Proton Therapy Center

We have already made significant progress in our development of the integrated approach for McLaren Proton Therapy Center and Leo Cancer Care systems to deliver proton therapy upright .

McLaren Proton Therapy Center – Karmanos Cancer Institute, selects RayStation for proton planning.

The partnership between Leo Cancer Care and RaySearch was recently announced in a separate press release .

MSU Health Care Expands Partnership with McLaren Greater Lansing to Provide Health Care to mid-Michigan

MSU Health Care is expanding their partnership with McLaren Greater Lansing to increase access to patients seeking care and healing in mid-Michigan .

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Sources

1

1

1

10

10

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