Ballad Health announces fourth-quarter, year-end results

Ballad Health announces fourth-quarter, year-end results

Ballad Health today announced fourth-quarter and year-end results from its 2020 fiscal year, and that report illustrates the impact the COVID-19 pandemic has had on the healthcare ...

ETSU Advancement, Alumni offices to relocate to Model Mill Development

ETSU Advancement, Alumni offices to relocate to Model Mill Development

The ETSU Foundation will lease space at the Model Mill Development that will become the new home for the Office of University Advancement at East Tennessee State University as well ...

HMG Clinical Research participating in late-stage trial of potential COVID-19 vaccine

HMG Clinical Research participating in late-stage trial of potential COVID-19 vaccine

HMG Clinical Research hasannounced plans to participate as study sites for, and begin enrolling participants into, the Phase 2/3 global study sponsored by Pfizer Inc. and BioNTech ...

Mountain City receives federal funds to upgrade water lines

Mountain City receives federal funds to upgrade water lines

U.S. Secretary of Commerce Wilbur Ross has announced that the Department’s Economic Development Administration (EDA) is investing $4.4 million in the state of Tennessee to bui ...

VCEDA converts two SRRA loans to grants

VCEDA converts two SRRA loans to grants

Two loans totaling $330,000 to the Southwest Regional Recreation Authority (SRRA) were converted into grants recently by the Virginia Coalfield Economic Development Autho ...

DOMTAR to repurpose Kingsport mill

DOMTAR to repurpose Kingsport mill

To employ 160 making recycled linerboard by 2023 By Scott Robertson Domtar announced August 7 it will cease freesheet production operations at its Kingsport, Tenn., mill and refit ...

One sleepless night generated $250,000+ for struggling small businesses

One sleepless night generated $250,000+ for struggling small businesses

by Scott Robertson “I’m 71 years old and I’ve never lived through anything like the last six months,” says Jim Fisher, a small business owner in Jonesborough, Tenn. Fisher and his ...

Physicians address merger’s impact on clinicians

By Jeff Keeling When he spoke at the Wellmont Health System-Mountain States Health Alliance merger announcement April 2, Dr. Jeff Farrow was effusive in his praise of the proposed deal’s benefits for physicians.  Farrow, a pulmonologist and Mountain States board member, said a combined system could, “help us attract the best and brightest physicians to our region.” He added that a goal for the combined syst ...

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This month's Business Journal, which should reach subscribers in print early next week, hits a number of high points, starting with Tennessee Gov. Bill Haslam's last-dollar coverage plan for adults attending Tennessee colleges of applied technology. We also ask physicians about the proposed hospital system merger, report some good news on Bristol Compressors and report on consultants' recommendations that m ...

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Bell Helicopter cutting global workforce; layoffs possible at Piney Flats manufacturing site

By Jeff Keeling Bell Helicopter is in the throes of what its CEO mentioned in January would be “another difficult year,” and the company announced Tuesday it plans to shed around 1,100 workers worldwide, with the possibility of some layoffs at its Piney Flats facility. Fort Worth, Texas-based Bell employs about 500 people in Piney Flats. The company plans to get as many eligible workers as possible to take ...

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Bristol compressors to add 110 permanent jobs

BRISTOL, Va. – Bristol Compressors International, Inc., a leading global producer of compressors for use in air conditioning, heat pump and refrigeration systems, is planning to add 110 full-time jobs this spring. The company will first move 50 seasonal workers into permanent positions. Another 60 jobs will be added by the end of April, bringing the number of full-time positions to 738 at the Bristol site. ...

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Hospital merger details: Read our full April issue here

This month's Business Journal, which should reach subscribers in print early next week, covers in great depth the April 2 announcement that Wellmont Health System and Mountain States Health Alliance plan to merge. While you wait for your hard copies, we encourage you to flip through a virtual issue by clicking here: April 2015 Business Journal.   ...

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Read our full March issue here

 Full format Business Journal now online   Readers can now flip through our full magazine, page by page, with the latest addition to our website. Click the cover photo at left to begin reading, or click here: March 2015. In addition to articles on multi-family and commercial real estate development, this month's issue features a story on a new craft brewery opening in Johnson City, a piece on moves tow ...

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Healthy snack manufacturer bringing 200-plus jobs to Kingsport

By Jeff Keeling A new company started by industry veterans will manufacture healthy snack foods in Kingsport, bringing an estimated 273 jobs to the area, officials announced today. Pure Foods will operate out of a building near the intersection of Interstates 26 and 81 in the Gateway Commerce Park, and invest $22 million in the operation’s initial phase. Sullivan County’s economic development agency, NETWOR ...

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TMA President: Insure Tennessee’s stillbirth masks bigger issue of TennCare payment reform

  By Jeff Keeling The Tennessee Medical Association (TMA) supports increased access to medical care for Tennesseans, its president, Kingsport gastroenterologist Dr. Doug Springer, told the Business Journal Jan. 23. That fact, though, didn’t keep the state’s largest professional organization for physicians from initially balking at endorsing Gov. Bill Haslam’s now-dead plan to extend Medicaid (TennCare) ...

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Area business leaders weigh in on cheap oil

  It has been short and very sharp, so crude oil’s plummeting price has had little time to impact industries that rely indirectly on the stuff. But surprised as they may have been by the pace and duration of the decline, many analysts now predict a protracted period of cheap oil. The World Bank’s latest forecast predicts years of prices well below the $100-plus per barrel levels that persisted for more ...

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Server 2003 Sunset Likely to Cause HIPAA Headaches, other problems

By Scott Robertson  When Microsoft announced it would end support for its Windows XP operating system effective April 8, 2014, it caused a flurry of upgrading in the consumer market. Now Microsoft has announced it will end support for its Windows Server 2003 software effective July 14, 2015. The Server 2003 software includes some code that was written as early as 1999. At the time the software was introduce ...

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