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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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Ballad announces executive team changes with emphasis on physican leadership, innovation

Left to right: Eric Deaton, Marvin Eichorn, Taylor Hamilton, Dr. Matthew Loos, Dr. Clay Runnels and Dr. Amit Vashist Three Ballad Health executives are taking on new titles and responsibilities in the C-suite. Eric Deaton has been named Ballad Health’s chief operating officer, with oversight of Ballad Health’s systemwide operations, including the newly created Behavioral Services Division. Previously, Deato ...

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Richard and Leslie Gilliam Foundation Donates to Blackjewel Miner Relief

The Richard and Leslie Gilliam Foundation, which drew national headlines by donating more than $1 million directly to miners laid off by Blackjewel last month, presented the Southwest Virginia Workforce Development Board (SWVA WDB) with a $250,000 donation in a ceremony August 5 at the Virginia Career Works Center in Norton. The donation will be used to provide additional resources for miners that have been ...

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