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Inova makes acting CFO permanent
After serving in an acting capacity since March, Rick Talento is now Inova Health’s permanent chief financial officer, the Falls Church-based regional health system announced Wednesday. Talento will continue to be responsible for the system’s financial operations and will also be responsible for planning and forecasting. He succeeds Alice Pope, who is now CFO of […]
Inova pays $2.37M to settle False Claims Act allegations
Three Inova Health entities have agreed to pay more than $2.37 million to settle claims that Inova submitted Medicaid claims containing falsified information. The U.S. Attorney’s Office for the Eastern District of Virginia announced on Friday the agreement with Inova Health System Foundation, Inova Health Care Services and Inova Physician Partners, settling the False Claims […]
Providing hope
For cancer patients in Virginia, treatment options are growing. The state has two National Cancer Institute-designated comprehensive cancer centers, updated technology in clinics in Northern Virginia and the Shenandoah Valley, and soon, a larger treatment center in Roanoke. The NCI reports that Virginians had a cancer incidence rate of 411 cases per 100,000 people from […]
Inova raises $83M to match Schars’ $75M gift
Inova Health System has raised $83 million over the past year, surpassing the “Schar Challenge” issued by donors Dwight and Martha Schar when they made a $75 million matching gift to Inova in May 2023. The Schars’ most recent gift to support Inova’s heart and vascular services and the gifts to match it made by […]
Landmark Mall redevelopment in the works
Used as a vintage backdrop to film scenes for “Wonder Woman 1984” and anchored by bankrupt retailers like Sears, the Landmark Mall in Alexandria was a relic. Almost two decades ago, the City of Alexandria first began strategizing a redevelopment of the 1960s-era indoor mall, which closed in 2017, but plans for a new 18-hour […]
Inova receives $20M gift from Peterson Cos. family
Inova Health System has received a $20 million gift from the Peterson Family Foundation, the family behind the Peterson Cos. real estate development firm, the Falls Church-based health system announced Tuesday. The gift will be split, with $15 million dedicated to the Inova Life with Cancer program and $5 million to the expansion of Inova […]
Inova hires new chief information and digital officer
Inova has snagged another top executive from the Cleveland Clinic. Matthew Kull has been named as chief information and digital officer of the health system, which spans five hospitals and employs 20,000 people in Northern Virginia, the system announced Monday. Kull will start Aug. 7. Most recently, Kull served as chief information officer for Ohio-based […]
Inova receives $75M donation for heart, vascular programs
Northern Virginia philanthropists Dwight and Martha Schar have made a $75 million matching gift to support Inova Health System’s heart and vascular treatment programs, Inova announced Tuesday. The Schars have donated a total of $126 million to the Falls Church-based health system since 1993, including $50 million in 2015 to establish Fairfax County’s Inova Schar […]
Apex Systems co-founder gives $500,000 to Va. Tech
Virginia Tech’s Apex Center for Entrepreneurs has received a $500,000 donation from Apex Systems co-founder Win Sheridan. A 1994 Tech graduate with bachelor’s degrees in political science and English with a minor in business administration, Sheridan made the donation to help the Apex Center engage with student entrepreneurs through programing, networking and funding, according to [&hel[...]
Inova Fairfax Hospital retains No.1 state ranking
For the second year in a row, Inova Fairfax Hospital in Falls Church has been named the best hospital in Virginia on U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. The Inova Health System‘s hospital also ranked as the top hospital in the Washington, D.C., […]
The longest year
Amid some of the worst days of the COVID-19 pandemic, Virginia’s patient satisfaction rate fell slightly in an annual nationwide survey, and just two hospitals in the commonwealth received top marks from their patients. Overall, Virginia patient satisfaction lagged the national average by 3% in 2020. The patient satisfaction scores come from the annual Hospital […]
$40.8M apartment building in Alexandria sells
A 227-unit apartment building in Alexandria assessed at $40.8 million sold for an undisclosed sum, JLL Capital Markets announced Tuesday. JLL Capital Markets arranged a three-year $34.34 million loan for commercial real estate company Washington Property Co., which brought the property from 100 South Reynolds LLC. The loan was secured through MetLife Investment Management. Located […]
