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DMAS surveys new Medicaid enrollees
At the one-year mark for Medicaid expansion in Virginia, the number of newly enrolled adults in Medicaid has nearly doubled from 200,100 to 370,000. And survey data from an online dashboard released Tuesday by the Virginia Department of Medical Assistance Services (DMAS) indicates that before gaining health coverage from Medicaid, nearly two-thirds of enrollees went […]
Colliers Virginia names boards of directors
Colliers Virginia — part of Colliers International Group Inc. — has appointed members to its two boards of directors overseeing Colliers’ five regional offices in Virginia, the company announced Tuesday. The regional company has a national board of directors comprised of three senior leaders from Colliers International[...]
Tysons insurance broker Ames & Gough promotes three execs
Ames & Gough Insurance Risk Management Inc. CEO Dan Knise will also serve as the chair of the Tysons-based insurance broker, which announced Tuesday that it was also promoting two senior executives to leadership positions. As chair and CEO, Knise will focus on the firm’s strategy and initiatives and will mentor new employe[...]
Reston IT provider 1901 Group names executive VP
Reston-based IT service provider 1901 Group LLC has named George Batsakis as its executive vice president and chief strategy officer, the company announced Tuesday. Batsakis will lead the company’s overall strategy planning and development, executive management, operations, new business development, emerging technology and par[...]
Norfolk medical device firm receives additional $2.5M from DARPA
The Defense Advanced Research Projects Agency (DARPA) has awarded $2.5 million in non-dilutive funding to Norfolk-based medical device manufacturer Embody Inc. for the second phase of development and clinical assessment for its proprietary Microbrace ACL technology for the repair of anterior cruciate ligament (ACL) injuries, the company announced Tuesday. Embody previously received $11.85 million for […][...]
Harrisonburg retail center sells for $5.275M
A retail center in Harrisonburg adjacent to James Madison University has sold for $5.275 million, Harrisonburg-based commercial real estate brokerage Cottonwood Commercial announced Tuesday. Tenants at the 11,900-square-foot retail strip on University Avenue include Buffalo Wild Wings, BurgerIM, Sports Nutrition and Dunkin’. T[...]
Fairfax-based ICF to acquire cloud services provider for $255M
Fairfax-based consulting and technology services provider ICF International Inc. plans to acquire Arlington-based cloud services provider Incentive Technology Group LLC (ITG) for $255 million, ICF announced Tuesday. The closing of the transaction is subject to approval and is expected to occur in the first quarter. “IT modernization and cloud together is estimated to be approximately […][...]
CoreMedia AG appoints chief revenue officer
Content management systems developer CoreMedia AG has promoted Jim Stirewalt to chief revenue officer, the company announced Monday. Stirewalt most recently was CoreMedia’s senior vice president and general manager of the Americas. He has also held leadership roles at software companies including SAP and IBM. Stirewalt will ma[...]
State General Fund revenues increased 7.6% in December
Total state General Fund revenues rose 7.6% in December with help from growth in payroll withholding, sales and use taxes and recordation tax collections, Gov. Ralph Northam announced Monday. “This continued strong revenue performance gives us confidence that we can achieve the forward-looking agenda I have laid out, while also putting money into our cash […]
Samsung Electronics acquires Chantilly tech firm
Samsung Electronics has acquired Chantilly-based network services provider TeleWorld Solutions (TWS), Samsung announced Monday. Financial terms of the deal were not disclosed. TWS, a privately-owned company, will operate as a wholly-owned subsidiary of Samsung Electronics America Inc. Samsung will continue to offer TWS services such as network design, installation, testing and optimization. TWS leadership will […][...]
CoStar plans doubling Richmond workforce as part of Navy Hill development
CoStar Group, the Washington, D.C.-based commercial real estate analysis company, announced Monday it plans to build a 400,000-square-foot building in downtown Richmond, doubling its local workforce, as part of the proposed $1.5 billion Navy Hill development. CoStar would double its number of employees to 2,000 in Richmond, wher[...]
Truist’s new branding reflects BB&T and SunTrust merger
Truist Financial Corp. has unveiled a new logo and other branding following the completion of the December 2019 merger of Branch Banking and Trust Co. (BB&T) and SunTrust Banks Inc. “Our visual brand identity speaks to the importance of human touch and dynamic technology in delivering trusted solutions to our clients,&[...]
