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Restructuring the economy of the Appalachian Highlands

by Mary Trigiani Strategy. Books have been written about it. Careers have been built upon it. From the time ancient military figures laid plans for vanquishing opponents, to today, when it is a a business necessity, strategy runs the gamut of acceptance to skepticism. The skeptics tell us Strategy is the reason for Analysis Paralysis. Too much navel gazing, too much money spent on plans, not enough acting. ...

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New “primary economic development organization” plan for Northeast Tennessee made public

By Scott Robertson A document published online as part of the agenda for the Sept. 24 Bristol, Tenn., city council work session includes details of an effort to create a single entity “to serve as the primary economic development organization (EDO) for the eight counties recognized by the Tennessee Department of Economic and Community Development as its Northeast Tennessee Region.” The document, a draft of ...

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Business Journal Q and A: Physician leaders on Ballad

by Jeff Keeling The following is the entire Q and A from the Journal’s wide-ranging August 12 meeting with Ballad Health’s seven physician leaders. Business Journal: You’ve got a mixing of Ballad employee physicians and extenders, and you’ve got independent practitioners – there’s a requirement for an open system – how do you align that and make sure Ballad’s objectives are going to be met without violating ...

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Regional Economic Forum: government, private and social sectors converge

Above: Discussion panelists Alan Levine, Bill Greene, Mark Costa, Jerry Caldwell and Scott Niswonger by Scott Robertson From the outset, the inaugural Regional Economic Forum at the Millennium Center in Johnson City Sept. 10 focused on a single message: Northeast Tennessee and Southwest Virginia’s economy has not kept up with the national economy for the last decade, and though it may prove painful at times ...

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Hot tub maker LPI adding 200 jobs to Johnson City operations

Above: Workers at LPI in Johnson City spray fiberglass onto the shell of a spa. Johnson City-based hot tub and spa manufacturer LPI, Inc. is adding jobs and backfilling a space where a plant closed earlier this year. LPI CEO David Hatley said “thriving retail sales” drove LPI’s decision to purchase a 126,000-square-foot east Johnson City plant recently vacated by CanTech Industrial, which it will use primar ...

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The reality of the Appalachian Highlands

By Mary Trigiani As a two-time transplant to our region – first in 1966 and then in 2016 – I have always felt this is a place of accomplishment. Perhaps, as a child, it was the exposure to John Fox, Jr.’s work and life story, or having the renowned Virginia McChesney as my piano teacher, or learning about U2 pilot Francis Gary Powers’ roots in Wise County, or watching the football great Carroll Dale carry h ...

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Ballad Health operating income almost quadruples, patient service revenue up $26.5M

By Jeff Keeling Ballad Health’s operating income nearly quadrupled in its first full fiscal year after the Wellmont Health System-Mountain States Health Alliance merger following a strong fourth quarter (April-June). A report to bondholders showed $36.46 million in operating income for fiscal 2019, compared to $9.9 million for the fiscal year that ended June 30, 2018. Net patient service revenue was $26.5 m ...

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Richmond Fed president seeks workforce answers in SW Va

Above: Richmond Fed President Tom Barkin. PHOTO BY KERI STEGALL Most people know the Federal Reserve Bank only as the “up-a-quarter-point, down-a quarter-point” institution. But, armed with a broader mandate and a serious question, Richmond Fed President and CEO Tom Barkin visited Abingdon, Va., Aug. 5 to hear from business, not-for-profit, and government leaders about the regional economy. “Our mandate inc ...

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