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Frontier Secure’s sale to SYKES will not affect VCEDA loan payments: Belcher

Officials with Frontier Secure, VCEDA and the Wise County IDA pose with a $5.6 million check, June 29, 2016. Thursday, May 25, 4:30 p.m. – The anticipated sale of Frontier Communications’ subsidiary Frontier Secure to Sykes Enterprises will not affect the repayment of a $5.6 million Virginia Coalfield Economic Development Authority loan that had paved the way for Frontier Secure to open its Wise, Va., facil ...

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Exide commits to return 40+ jobs to Bristol

Exide Technologies has announced plans to resume operations in Bristol, Tenn., where it was once a leading employer. The company said in a press release it has submitted the necessary paperwork to restart operations with around 40 new employees in September. The company said it plans to add additional shifts based on demand. 
 Rumors of the resumption of operations had been flying with reports of the compan ...

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Revised commitments of hospital systems to Southwest Va. Health Authority

COMMITMENTS CHART   Commitment: In order to ensure pricing is not increased as a result of the elimination of inpatient competition for the majority of consumers covered by third party commercial insurance, pricing will increase by less with the merger than if the merger were not to occur. For all Principal Payers1, the New Health System will reduce existing commercial contracting for fixed rate increa ...

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Hospital systems submit revised plan of separation

Revised Plan of Separation between Wellmont Health System and Mountain States Health Alliance Pursuant to Grant of Certificate of Public Advantage By the Tennessee Commissioner of Health This Revised Plan of Separation (“the Revised Plan”) is prepared as part of the application for Certificate of Public Advantage (“COPA”) submitted jointly by Wellmont Health System and Mountain States Health Alliance (colle ...

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Questions Sent to Health Systems

August 9, 2016 Alan Levine President and CEO, Mountain States Health Alliance 303 Med Tech Parkway, Suite 30 Johnson City, Tennessee  37604   Bart Hove President and CEO, Wellmont Health System 1905 American Way Kingsport, Tennessee  37660   Dear Mr. Levine and Mr. Hove:   I have attached a set of preliminary questions that the Virginia Department of Health (“Department”), in consultation wit ...

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Southwest Virginia group deems hospital merger application complete

The Southwest Virginia Health Authority has deemed complete Wellmont Health System and Mountain States Health Alliance's application for a cooperative agreement that would allow them to merge. The group unanimously approved a motion to deem the application complete after a two-hour meeting and despite opposition from the Virginia Association of Health Plans, which said more information should be sought and ...

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$3 million in ARC funds to help Southwest Virginia

Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced that the Appalachian Regional Commission (ARC) has awarded nearly $3 million in funds to two organizations in Southwest Virginia to create and train workers for jobs in new sectors of the region’s economy. The funding comes as part of the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative, a multi-age ...

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Payment reform:‘Right thing to do,’ but ‘devil is in the details’

By Jeff Keeling Second in a two-part series. Read the first story at bjournal.com/payment-reform-spurring-sea-change-at-clinical-level. “I really believe Dr. Dykes saved my life,” Mary Snyder says. Mary Snyder wasn’t just sick late last fall. She was really sick. The Jonesborough resident’s congestive heart failure (CHF) had hit her with a vengeance. She had fluid on her lungs (pulmonary edema), a common si ...

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