Owens & Minor sues Anthem, accusing insurer of mishandling claims
Mechanicsville-based Fortune 500 health care logistics and supply company Owens & Minor filed a federal lawsuit against Anthem Blue Cross and Blue Shield this week, claiming that the Henrico County insurer mismanaged funds for Owens & Minor’s employee health insurance plan and allegedly violated the Employee Retirement Income Security Act, or ERISA. According to the […]
Owens & Minor leases new HQ in Henrico
Henrico County is getting a fifth Fortune 500 company. Global health care logistics and supply company Owens & Minor is moving from Hanover County to a new headquarters in Henrico‘s Innsbrook Corporate Center. The company is leasing the fourth floor of the Highwoods One building at 10900 Nuckols Road, according to Will Bradley, an executive […]
Top Five July 2024
1 | 39 Virginia companies make the 2024 Fortune 1000 Thirty-nine companies headquartered in Virginia are on Fortune magazine’s 70th annual Fortune 1000 list, with 24 Virginia companies again making the elite Fortune 500. (June 4) 2 | VDOT buys Owens & Minor’s Hanover headquarters for $33.5 million The Virginia Department of […]
VDOT buys Owens & Minor’s Hanover HQ for $33.5M
The Virginia Department of Transportation has purchased the Mechanicsville headquarters of Owens & Minor for $33.5 million, with plans to move the state agency’s central office there in summer 2025. Much of VDOT’s staff will move from the Annex building at 1401 E. Broad St. into the new building at 9120 Lockwood Blvd. in Hanover […]
Health Care 2023: EDWARD A. PESICKA
Under Pesicka’s leadership since 2019, Fortune 500 health care logistics and supplies company Owens & Minor employs more than 1,400 people in Virginia and about 20,000 worldwide. The company reported $9.95 billion in 2022 revenue, but its net income was $22 million, down from a pandemic high of $222 million when the company was selling […]
Owens & Minor receives $1.1B DOD contract
Mechanicsville-based Fortune 500 global health care logistics firm Owens & Minor Inc. has received a $1.125 billion contract modification to provide medical surgical supplies to the military and federal civilian agencies, the Department of Defense announced Wednesday. The award is for a second 30-month option period of a contract with three 30-month possible periods for […]
Owens & Minor acquires home health care company for $1.6B
Mechanicsville-based Fortune 500 health care logistics company Owens & Minor Inc. announced Tuesday that it had closed its acquisition of Indianapolis-based Apria Inc. for a cash consideration of $1.6 billion. Owens & Minor funded the purchase with a combination of debt and cash on hand. The company is combining Apria and its Byram Healthcare Centers […]
Owens & Minor donates PPE to Ukraine
Mechanicsville-based Fortune 500 health care logistics company Owens & Minor announced Monday that it is donating $500,000 in medical-grade personal protective equipment to support humanitarian relief in Ukraine and other impacted countries. The donations, which includes exam gloves, masks and gowns, was coordinated across distribution centers in Chicago, Pittsburg and Philadelphia to speed [...]
Health Care
NANCY HOWELL AGEE PRESIDENT AND CEO, CARILION CLINIC, ROANOKE With 13,000-plus health care employees, Carilion Clinic is the largest Roanoke Valley employer, and Agee was born to lead the health system. The Emory University and University of Virginia graduate was delivered at Roanoke Memorial, now one of Carilion’s seven hospitals. She also was a surgical […]
Owens & Minor names new board member
Mechanicsville-based Fortune 500 medical supply distribution company Owens & Minor Inc. has appointed retired U.S. Army Lt. Gen. Gwendolyn “Gwen” Bingham to its board of directors, effective March 5. Bingham is a retired three-star U.S. Army lieutenant general and most recently was the Department of the Army’s assistant chief of staff for installation management, providing […]