Virginia Hospitals ask Richmond legislators to “Do No Harm” and stand with hospitals on COPN

Wednesday, January 18, 2017

Virginia Hospitals ask Richmond legislators to “Do No Harm” and stand with hospitals on COPN

Virginia hospitals brought a message to policymakers in Richmond Wednesday. “Please be mindful of the impact decisions have on patients access to health care and health care providers – health care is not a free market.” Toni R. Ardabell, Chief Executive Officer at Bon Secours Virginia Health System reiterated the message to policymakers to “do […]

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Check your mailbox to find if your real estate assessment changes for fiscal year 2018

Wednesday, January 4, 2017

Check your mailbox to find if your real estate assessment changes for fiscal year 2018

Today or no later than the end of the week, as the USPS mail goes, Roanoke City citizens will receive their new residential real estate assessment. That is if it changed at all. If you don’t receive one your assessment is the same as last year whether you liked it or not. Owners of residential […]

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Virginia November unemployment steady, labor force increases, Roanoke MSA has slight loss

Friday, December 16, 2016

Virginia November unemployment steady, labor force increases, Roanoke MSA has slight loss

RICHMOND—Virginia’s seasonally adjusted unemployment rate was up 0.1 percentage point in November to 4.2 percent from October’s revised rate of 4.1 percent. Compared to a year ago, the seasonally adjusted unemployment rate was unchanged. The labor force expanded for the fourth consecutive month to 4,261,091, a record high. The labor force increased by 13,797 in […]

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Financial challenges for Virginia hospitals – What’s next in federal health care policy?

Thursday, December 8, 2016

Financial challenges for Virginia hospitals - What's next in federal health care policy?

RICHMOND, VA – Newly released figures from Virginia Health Information (VHI), the agency that gathers and reports health care data in the Commonwealth, yet again confirm the fact that many local hospitals across the state continue to struggle financially. The numbers show that 27 percent of Virginia’s acute care, critical access, and children’s hospitals, and […]

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U.S. Sen. Mark Warner’s bill allows victims of Wells Fargo’s fraud to seek their day in court

Friday, December 2, 2016

U.S. Sen. Mark Warner's bill allows victims of Wells Fargo’s fraud to seek their day in court

WASHINGTON—U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Banking Committee, introduced legislation to give Wells Fargo customers who were victims of a fraudulent account scheme their day in court. The bank was involved in a scandal this year after it was revealed that Wells Fargo employees secretly opened roughly 1.5 million bank […]

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Gov. McAuliffe requests federal disaster declaration following Hurricane Matthew

Friday, October 21, 2016

RICHMOND – Governor Terry McAuliffe today asked President Barack Obama for a federal disaster declaration for the Commonwealth of Virginia to address the damage sustained from Hurricane Matthew. The Governor requested Individual Assistance Programs and Small Business Administration (SBA) disaster loans for the cities of Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, and Virginia Beach, […]

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Lt. Gov. Northam and Ed Gillespie neck and neck on fundraising for 2017 gubernatorial election

Wednesday, July 13, 2016

Lt. Gov. Northam and Ed Gillespie neck and neck on fundraising for 2017 gubernatorial election

Lt. Gov. Ralph Northam, Democratic candidate and nominee for Virginia governor, raised over $1 million in its first financial report in 2016. Northam has over $1.4 million cash on hand as of the June 30th reporting deadline. Northam was barred from all fundraising for 60 days during the legislative session.  The Northam campaign raised an […]

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Lowest Virginia unemployment rate since May 2008 at 3.8 percent

Friday, June 17, 2016

Virginia’s seasonally adjusted unemployment rate declined by 0.1 percent in May and is now at 3.8 percent—the lowest rate since the May 2008 rate of 3.8 percent. Virginia’s seasonally adjusted unemployment rate remains below the national rate, which fell 0.3 percentage points in May to 4.7 percent. In May, Virginia’s seasonally adjusted nonfarm employment was […]

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Microsoft to acquire LinkedIn for $26 billion – video

Monday, June 13, 2016

Microsoft to acquire LinkedIn for $26 billion - video

Have a LinkedIn account? Have LinkedIn stock? Microsoft today announced that it will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. LinkedIn CEO Jeff Weiner will remain. Chairman of the board, Reid Hoffman, co-founder and […]

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Virginia State revenue behind forecast going into June

Monday, June 13, 2016

May revenue collections for the Commonwealth increased 6.4 percent from a year ago. On a fiscal year-to-date basis, total revenue collections rose 1.9 percent but is behind the annual forecast of 3.2 percent growth. Governor McAuliffe stated “Although collections were positive for the month, payroll withholding and sales tax collections continue to underperform estimates, underscoring […]

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AG Herring and watchdog group encouraged by CFPB proposed payday & car title rules

Thursday, June 2, 2016

AG Herring and watchdog group encouraged by CFPB proposed payday & car title rules

According to the State Corporation Commission, in 2015, Virginia payday lenders made more than 350,000 loans totaling more than $137 million to more than 112,000 borrowers. The average borrower took out more than 3 loans per year at an average annual interest rate of 231%. Virginia car title lenders in 2015 made more than $161 […]

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Fair Medicare Hospital Payments Act corrects low Medicare reimbursements in rural areas

Friday, April 22, 2016

Fair Medicare Hospital Payments Act corrects low Medicare reimbursements in rural areas

In an August 15, 2015, letter to Senator Mark Warner written by Sean Connaughton, President and CEO of Virginia Hospital & Healthcare Association (VHHA) he asked Sen. Warner to co-sponsor the Fair Medicare Hospital Payments Act when introduced. U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) say they introduced the Fair Medicare Hospital […]

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