Richmond biotech company to buy contraceptive biz for $100M
Aditxt, a biotech company based in Richmond, expects to purchase California-based contraceptive maker Evofem Biosciences for $100 million, taking on the business’s debt of up to $18 million, according to Aditxt’s announcement. Both companies’ boards have unanimously approved the acquisition, which is expected to close in the first half of the year. Evofem produces Phexxi, [&helli[...]
In critical condition
For about a decade leading up to 2013, Dr. James Min was one of three physician-owners of a private practice in Prince William County, Bristow Run Family Medicine, working as a doctor by day and a finance manager by night. “With the complexity of health care, billing, contracting with insurances, all these kinds of things, […]
Virginia 500 Spotlight: PAT DAVIS-HAGENS
WHAT’S IMPORTANT TO ME: My very first head nurse, whom I quote to this day, Mary Grace Penney, instilled in me the value of patient-centeredness and teamwork, with high levels of accountability to your team and patients. WHAT MAKES ME HAPPIEST: I love that I have been able to remain patient-focused throughout my entire career. […]
Interest rate
Dr. Aubrey Knight has spent his career listening to stories about the past. He’s talked to people who were miners during World War I. He’s spoken to Prohibition-era bootleggers. He’s heard endless stories of relationships severed then reconciled decades later. That comes with the territory for geriatricians like Knight who specialize in treating older adults. […]
Bon Secours tops off new Suffolk hospital
Bon Secours held a topping-out ceremony Thursday for its $80 million, 98,000-square-foot hospital, Harbour View Medical Center, in Suffolk, expected to be completed in 2025. The surgically focused hospital will have 18 medical/surgical beds and four operating rooms and serve as an extension of the services offered on the campus, which currently has an emergency […]
Sentara takes sole ownership of Velocity Urgent Care
Sentara Health is now the sole owner of Velocity Urgent Care, the Norfolk-based health system announced Monday. In 2017, Sentara partnered with Velocity and transferred the operations of seven Sentara Urgent Care facilities to its joint venture with Velocity and a third party. Now Sentara, which declined to name the third party, is taking over […]
100 People to Meet in 2024: Angels
Helping the sick, giving the disadvantaged hope and protecting the environment, these Virginians put others’ needs ahead of their own, making the commonwealth a better place. Dr. Victor Agbeibor St. Francis Family Medicine Residency Program director, Bon Secours Midlothian Dr. Victor Agbeibor has trained 300-plus residents over his career. In June, he also started consulting […]
EVMS, ODU merger pushed to July 2024
The merger of Eastern Virginia Medical School into Old Dominion University has been pushed back six months, to July 1, 2024, instead of January as originally planned, ODU President Brian O. Hemphill announced Friday during his State of the University address. While that date still meets the deadline set by Gov. Glenn Youngkin and the […]
Medical Society of Va. elects new president
The Medical Society of Virginia elected Richmond-based Dr. Alice Coombs as its next president at the organization’s annual meeting Oct. 14. Coombs, a critical care specialist, anesthesiologist and internist, as well as the chair of Virginia Commonwealth University School of Medicine’s anesthesiology department, is the fourth woman and first Black president of MSV, which was […]
Bon Secours taps president of Petersburg, Emporia hospitals
Brenda Woodcock assumed her new role as president of two Bon Secours hospitals in Petersburg and Emporia on Monday. She is the first female president of the of the Bon Secours Southside Medical Center and the Southern Virginia Medical Center, and succeeds John Emery, who Bon Secours named to lead Memorial Regional Medical Center in […]
Va. Kaiser employees set to picket in Springfield
More than 75,000 Kaiser Permanente workers across the nation are threatening to strike beginning Wednesday morning if union leaders cannot come to an agreement on a new labor contract with the health care company, but Kaiser says it would only minimally impact “a few optometry departments and pharmacies in Virginia.” Unlike other recent labor actions, […]
Bon Secours, Anthem reach agreement in $93M dispute
Bon Secours announced Friday it has reached an agreement with Anthem Blue Cross and Blue Shield in Virginia, which the health system sued in August, alleging the insurer owed Bon Secours $93 million in unpaid claims. Although details were not released due to confidentiality agreements between the two parties, Bon Secours said it will drop […]