Joey Amato, the Nashville-based owner and publisher of LGBT lifestyle publication Unite Magazine, has licensed his brand to the president and CEO of the Virginia Gay & Lesbian Chamber of Commerce, who has launched his first Unite Virginia magazine. Amato also owns the Indianapolis edition of Unite and has licensed a Cincinnati edition. Click here for more info.
Virginia Gov. Terry McAuliffe has appointed David Miller, president and COO of Community Health Systems, to the board of visitors of the Virginia Military Institute. Miller earned his bachelor's degree in economics from VMI before moving on to receive an MBA from the Darden School at the University of Virginia. He joined Franklin-based CHS as a group vice president in 1997 and was promoted to his current roles early last year when the company completed its acquisition of Health Management Associates.
NuScriptRX announced today it has partnered with Virginia-based Sentara Life Care to provide enhanced pharmacy services to various SLC facilities.
Financial terms of the partnership were not disclosed.
Sentara will use Nashville-based NuScriptRX's bar-coded prescription drug dispensing model — which is designed to increase patient safety and to reduce waste, costs and medication administration time — at its seven nursing centers, three assisted-living communities and two PACE (program of all-inclusive care for the elderly) centers in Hampton Roads, Va.
The announcement comes almost one year after NuScriptRX said it had landed about $5 million in venture capital (read here).
Bruce Robertson, Sentara Life Care president, said a key challenge involves providing prescription medications quickly and efficiently to residents admitted to facilities after hours.
“We will now have access to prescription medications at any hour thanks to NuScriptRX, and that will greatly improve service for new residents,” he said in release.
“This is a great partnership with Sentara Life Care,” said Jim Beaumariage (pictured), NuScriptRX chief operating officer. “We look forward to working with this respected system to help improve medication safety and patient-centered care.”
First Tennessee Bank is ramping up its presence in the Mid-Atlantic states of North Carolina, South Carolina and Virginia and moving to a larger building in Raleigh, N.C. to make room for 10 additional employees and new services, the company announced today.
This will mark First Tennessee’s first notable expansion since the mid-2000s when new branch locations were built throughout the state.
David Popwell, First Tennessee president of banking, called the move a “reorganization” and said the bank is committed to growing its footprint outside of Tennessee and into both North Carolina (Winston-Salem, Charlotte and Raleigh) and Virginia (Richmond).
“Our growth and success in the Mid-Atlantic Region has resulted from combining experienced, responsive professionals with a complete set of financial products and the flexible operating framework of a boutique banking operation,” Popwell said in a press release. "The Mid-Atlantic Region shares many characteristics of our Tennessee regions. We are pleased by the response in the Raleigh market, which allows us to enhance the depth of our service to meet the expanding needs of businesses and individuals."
Expanded services will include private client banking, wealth management, corporate and commercial lending and commercial real estate, according to the release.
First Tennessee, a subsidiary of Memphis-based First Horizon National Corp. (Ticker: FHN), suffered massive losses in First Horizon’s mortgage division during the Great Recession. The bank sold off its mortgage division and has been in recovery mode ever since. It is now providing mortgages for property owners in Tennessee.
Franklin-based well-being services provider Healthways and CareFirst, the Maryland/D.C./Northern Virginia BlueCross BlueShield licensee, had a couple of news items to share Wednesday morning. First, the companies said they have extended their partnership to provide various disease management services to federal employees and their dependents. And secondly, they said their work together on CareFirst's patient-centered medical home program will grow and be extended by three years through 2016.
"This program focuses on the roughly 10% of CareFirst's membership who account for nearly 50 to 60 percent of all our claims cost." Burrell continued, "Expanding our work with Healthways is an important element of building upon the success we have already experienced in the first year of operating our PCMH model."
Television station operator Young Broadcasting, which owns WKRN News2 and is run by that station's former GM Deb McDermott, has promoted Bob Peterson to vice president of station operations and relocated him to Nashville. Peterson had been Young's VP of business development and GM of its station in Richmond, Va.
Franklin-based Eco-Energy announced an agreement with NuStar Energy to jointly build an ethanol train and storage facility in Dumfries, Va., south of Washington, D.C. and a few miles north of the Quantico Marine Corps base. The project will have the ability to house 155,000 barrels of ethanol at one time. Construction is expected to start in about a year.
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