You Are Here: Home » 2014 » June

Bristol Va. amends two contracts related to The Falls development

By Tammy Childress and Jeff Keeling A contractor preparing The Falls retail site has agreed to accept delayed payments as the City of Bristol, Va. works toward securing additional funds through revenue bonds, and the anchor tenant, Cabela’s, has accepted a lower incentive amount. Bristol’s Industrial Development Authority (IDA) and Economic Development Committee (EDC) met Friday morning in called session re ...

Read more

Wellmont reveals more on study of “strategic options,” potential partnerships as process reaches halfway point

KINGSPORT – Wellmont Health System is about halfway through its strategic options analysis, a process that has yielded positive comments about the organization’s clinical quality and low cost structure. Earlier this year, Wellmont issued a request for proposals from organizations that might want to align in some fashion with the health system. Nine health systems submitted a proposal, but three of them are ...

Read more

Text of resolution in support of maintaining local control of healthcare systems

RESOLUTION IN SUPPORT OF MAINTAINING LOCAL CONTROL OF HEALTHCARE SYSTEMS WHEREAS, this region is served by two exceptional healthcare systems, community owned, locally governed and committed to providing access to the highest quality care for our citizens; and WHEREAS, choices that would end community ownership and local control of our healthcare systems are being considered, with diminished access and qual ...

Read more

Text of Tennessee law regarding “Certificate of public advantage”

Chapter 11  Health Facilities and Resources Part 13  Hospital Cooperation ACT of 1993 Tenn. Code Ann. § 68-11-1303  (2014) 68-11-1303.  Cooperative agreements -- Certificate of public advantage.  (a) A hospital may negotiate and enter into cooperative agreements with other hospitals in the state, if the likely benefits resulting from the agreements outweigh any disadvantages attributable to a reduction in c ...

Read more

Eastman power outage stops production, leads to wastewater discharge

Eastman's wastewater treatment plant, at left, discharges into the South Fork Holston River. Power still not restored as of early Wednesday evening By Jeff Keeling Eastman Chemical Co.'s first plant-wide power outage since 1998 occurred Wednesday morning and resulted in no injuries, a complete production shutdown, a small methanol release into the air and the release of an as-yet-unknown volume of wastewate ...

Read more

Bank of America sells Tri-Cities branches to First Tennessee

First Tennessee Bank has boosted its state-leading market share with a new deal to purchase 13 branches and four remote ATMs from Bank of America in Tennessee. The banks expect the purchase of the branches, including those in Johnson City, Kingsport, Bristol and Greeneville to close later this year, pending regulatory approval. The Memphis-based bank will add approximately $660 million of deposits. First Te ...

Read more

Copyright The Business Journal. All rights reserved.

Scroll to top