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AstraZeneca to invest $4.5B in Albemarle manufacturing plants
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County and create 600 direct jobs.
Sentara to lay off 220, including 127 in Virginia
Sentara Health will lay off 220 employees — including 127 in Virginia — as part of a restructuring tied to dropping Medicare Advantage plans.
Owens & Minor to sell largest business segment for $375M
Fortune 500 company Owens & Minor, based in Henrico County, announced Wednesday that it plans to sell its Products & Healthcare Services segment for $375 million to Platinum Equity.
Hopes fade for quick end to shutdown as Trump readies layoffs and cuts
The U.S. government shutdown enters day three as Democrats demand ACA tax credit extensions and Trump threatens federal layoffs, cuts.
Genworth subsidiary launches inaugural long-term care insurance
CareScout, a subsidiary of insurance company Genworth Financial, announced that it has launched its first long-term care insurance product.
Health systems forecast pain from Medicaid cuts
Virginia hospitals face closures as Medicaid cuts hit budgets; Augusta Health closes clinics, warns of $40M loss by 2034.
Whistleblowers amend complaint against Sentara
Whistleblowers last week filed an amended complaint accusing Sentara of improperly inflating 2018–2019 insurance rates.
State rejects St. Francis hospital expansion
The Virginia state government has rejected a request from Bon Secours’ St. Francis Medical Center to add 36 medical surgical beds.
Amazon boosts worker pay, cuts health plan costs
Amazon is investing $1B to raise U.S. worker wages and lower health plan costs, lifting average pay to $23 an hour and reducing co-pays to $5.
Eli Lilly to invest $5B in Goochland plant, creating 650 jobs
Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Goochland County expected to create 650 permanent jobs.
UVA Health interim leader is named permanent CEO
Dr. Mitchell Rosner appointed as University of Virginia's executive vice president for health affairs and CEO of UVA Health, following months of leadership changes.
UVA Health University Medical Center taps interim CEO
UVA Health has tapped longtime health care executive Teresa L. Edwards to serve as interim CEO of its University Medical Center.
