Business

Business in brief


The Jenkins Foundation has granted The McShin Foundation $25,000 for residential recovery services to serve those with a Substance Use Disorder. The Jenkins Foundation is focused on equitable access to health care services, as well as programs that help reduce risky behaviors and promote safe and healthy environments. The McShin Foundation was founded in 2004 and is Virginia's leading non-profit, full-service Recovery Community Organization (RCO), committed to serving individuals and families in their fight against Substance Use Disorders.

Business in brief


Henrico-based Markel Insurance has been rated a five-star carrier in the latest issue of Insurance Business America. Insurance Business America asked producers what aspects of carrier performance are most important to them. These ranged from competitive rates to claims processing efficiency, reputation and financial stability, and more. Producers then rated their carriers’ performance across ten such criteria. The carriers that achieved five-star status consistently received excellent marks from producers in at least one category and several achieved top scores in multiple categories. Of the 22 carriers that made this year’s list, Markel Insurance received 5-star marks in three out of the ten categories, specifically: Technology and Automation; Reputation and Financial Security; and Marketing Support.

Construction begins on Short Pump Wegmans


Construction began today on a 120,000-square-foot Wegmans Food Markets store in Short Pump. The store is on schedule to open next summer at West Broad Marketplace at 12300 West Broad Street.

The shopping center is owned by Mid-Atlantic retail developer NVRetail, Inc. in partnership with Excel Trust. Wegmans’ construction commencement follows the April groundbreaking at the site for an 80,000-square-foot Cabela's, which will serve as the center's other retail anchor.

Wegmans currently has 86 stores in the northeast and mid-Atlantic region.

Pedal power


More than 20 businesses in Lakeside have joined to participate in a new "Bike Friendly Saturdays" initiative by offering discounts, free merchandise and other promotions for anyone who rides a bike to their shops.

The program is the first business biking district in the Richmond region.

From a business perspective, shop owners believe that people riding bikes are more likely to stop at stores and spend more while shopping. The program is a partnership and collaboration between the Lakeside Business Association, Bike/Walk RVA and the businesses.

Business in brief


HCA Virginia’s Henrico Doctors’ Hospital announced this week that Amber Price, SDNP, certified nurse midwife, will serve as the vice president for Women’s and Children’s Services, effective Aug. 4. In her role at Henrico Doctors’, Price will help identify and grow new services for women and children while supporting the current programs already in place at Henrico Doctors’ Women’s Pavilion. Price previously served as director of the Nurse Midwife and Centering Pregnancy programs and as a professor of Obstetrics and Gynecology at the VCU Medical Center. During her career, Price’s international ob/gyn experience has spanned from New Zealand to numerous locations throughout the United States.

Register for ‘Maximizing Your Marketing Spend’ luncheon

Register for "Maximizing Your Marketing Spend," a special informational session and lunch designed to enhance the return on investment on your marketing efforts and hosted by Richmond Biz Live and the Henrico Citizen.

The event will be held at Travinia Italian Kitchen and Wine Bar at Willow Lawn on Tuesday, Aug. 18, from 11:30 a.m. to 1:30 p.m. Admission is $15 per person and includes lunch.

Bon Secours begins donor breast milk initiative


Bon Secours Richmond Health System recently launched a donor breast milk initiative at its St. Mary’s Hospital to provide healthy donor human breast milk to high-risk, premature infants whose mothers need assistance with supplementing their own breast milk after giving birth.

According to Denise Smith, nurse manager of the NICU at St. Mary’s (pictured), breast milk plays an important role in improving outcomes for critically ill infants, especially very low birth weight (VLBW) infants. “It has been proven to decrease the risk of necrotizing enterocolitis (NEC), which is a severe inflammatory bowel condition,” she said.

If a new mother is unable to provide breast milk, donor breast milk can be provided to infants that meet the following criteria after obtaining signed consent: birth weight of 3.3 pounds or less and gestational age of 30 weeks or less.

Business in brief


OrthoVirginia will acquire magnetic resonance imaging technology at its Henrico Parham location, one of its busiest offices of the 11 sites it has in central Virginia. Up to this point, OrthoVirginia performed MRI procedures on its single mobile unit at its Johnston-Willis and Farmville locations. The practice has been referring out to other MRI service providers two-thirds of its patients who require an MRI scan. OrthoVirginia received approval for its Certificate of Public Need application with the Virginia Department of Health. The new MRI facility is expected to cost $2.2 million. It should be fully operational by early 2016.

West End office complex sold


A Massachusetts based real estate company has purchased a West End office complex for $12.75 million.

Select Income REITof Newton, Mass., bought Parham Place I, II and III on East Parham Road from South Carolina-based JEDD, which had bought the first two phases of the complex for $7.6 million in July 2008.

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April 2017
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Fifty-eight FIRST Robotics Competition teams from Washington, DC, Maryland and Virginia will face off at the FIRST Chesapeake District Championship Apr. 7-8 at the VCU Siegel Center. This is the culmination of seven district qualifying competitions where over 125 teams competed. Winners will advance to the FIRST World Championship in St. Louis, Mo. Admission is free and open to the public. Hours are 8 a.m. to 6 p.m. both days. Full text

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