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Reston-based SOC Telemed buys Texas telehealth practice for $194M
Reston-based SOC Telemed Inc. announced this week it has purchased Texas-based medical practice Access Physicians for $194 million in cash and stocks. The acquisition will create the largest acute care telemedicine provider in the United States. According to SOC Telemed, the combined company is estimated to have earned $107 million to $113 million in pro […]
Ashburn-based Telos Corp. names new vice president
Ashburn-based cybersecurity firm Telos Corp. has hired Troy M. Bertram as vice president to lead its global enterprise sales teams across state and local governments, education, regulated industries and commercial business verticals, it recently announced. The company cited Bertram’s more than 25 years of experience in gov[...]
Sonabank and parent company rebrand as Primis
A new vision for the company prompted Sonabank to rebrand itself as Primis Bank, company president and CEO Dennis J. Zember Jr. said Wednesday in a statement about the change. “The new vision centers around being innovative in the way we deliver more meaningful results to our customers and our shareholders,” he said, “and doing […]
Prince William chamber taps new COO
The Prince William Chamber of Commerce has promoted Ross W. Snare IV to chief operating officer, effective April 1. Snare started with the Manassas-based business chamber in April 2018 as director of communications and government relations. He became senior director of operations and government affairs two years later. The chamb[...]
Aging office parks embrace multifamily
A weekday lunch hour is relatively quiet on the grounds of the Boulders office park, south of Richmond, except for a few people chatting during a walk around a lake and the honking of two geese skimming the water. Overlooking that lake are gray and white apartments recently built from scratch on vacant land — 250 […]
Aquaculture proves big catch for region
A Russell County native and a Singapore-based asset management firm are about to turn a corner of Virginia’s coalfields into an aquaculture center. Jake Musick’s Riverbound Trout Farms is building a processing plant in Russell County. Musick expects to begin shipping fish this fall. About a quarter mile away, straddl[...]
Brothers build Shenandoah hemp empire
Tanner Johnson, CEO of Pure Shenandoah LLC, says that his Elkton-based company is trying to bring hemp back to its Shenandoah Valley roots. After all, he explains, “back in the 1600s, this area was used heavily for hemp production and rope and clothing.” Johnson is one of four brothers behind Pure Shenandoah, which seeks to [...]
Amazon’s Helix gets green thumbs-up
What is now a quiet, achromatic area of Arlington, the National Landing neighborhood in a few years’ time will be a bustling urban area with distinctive office buildings and large green spaces open to the public. In early February, Amazon.com Inc. released plans for its 2.8-million-square-foot redevelopment of the PenPlace[...]
A growing legacy
Since his selection as president of Radford University five years ago, Brian Hemphill has fulfilled the mission he set when he was hired: to increase fundraising and open channels to boost enrollment. During Hemphill’s tenure, he has seen the university reach record enrollment numbers and grow its endowment by $20 millio[...]
A bend in the river
An out-of-town trip to visit colleges with her daughter gave Christie Wall an idea that several years later she hopes will benefit her and her hometown. For fun, Wall and her daughter tried out an escape room — an interactive adventure game that requires participants to solve a themed puzzle or challenge in order to […]
Military Circle redevelopment could include arena
Four groups — including mid-Atlantic developers, entertainment and sports figures, concert promoters and arena operators — are competing for a chance to redevelop Norfolk’s aging Military Circle Mall into a mixed-use community. Overhauling the struggling mall has long been on the city’s to-do list, but the projec[...]
Developments perk up Danville
Danville City Council members faced a dilemma three years ago. Council members could pay up to $185,000 to demolish a crumbling stucco apartment building on Jefferson Avenue, or they could spend $75,000 in matching funds to augment a $125,000 grant from the Virginia Housing Development Authority to stabilize the property, which [...]
