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Life sciences exec Lynch expanding nonprofit into incubation
Executive director, reconstituted board out to raise $1M to fund programs Former BioMimetic Therapeutics CEO Sam Lynch and his wife, Leslie Wisner-Lynch, are pushing the foundation he launched a decade ago into a broader entrepreneurship and business incubation role. BioTN Foundation has until now focused primarily on supporting STEM education efforts.
Health IT company shuttering Nashville office
Buried in Mountain View, Calif.-based health care information technology company Omnicell’s recent Q4 and fiscal year results report was a little local news: The company will shutter its Nashville office in a consolidation move. "2016 was a successful year for Omnicell with record bookings, revenues and earnings," Randall Lipps, Omnicell president, CEO and chairman, said in the earnings report.
CareSpot CFO joins micro-hospital company
Texas-based venture looking to double in size The former CFO of CareSpot Express Healthcare has been recruited to the same role at Emerus, a Texas-based company that runs micro-hospitals in four states. George Attmore had been with CareSpot since before the company relocated to Nashville from Florida when it was still called Solantic. Before then, he worked at dialysis services provider DSI Renal and Seattle-based investment firm Archon, among others.
Boston firm buys MRA
A Boston-based private equity firm familiar with Nashville’s health care scene has bought a Franklin company that helps hospitals and health systems with specialty claims collections and brought in a new CEO. Terms of Medical Reimbursement of America’s sale to Riverside Partners are not being disclosed. Cool Springs-based MRA was founded nearly 20 years ago and now employs more than 250 people here and in Ft. Lauderdale, Florida.
Vanderbilt appoints vice chancellor for communications
Vanderbilt University Chancellor Nick Zeppos announced Thursday the appointment of Steve Ertel as vice chancellor for communications. In what is a new position, Ertel will develop and lead a “global communications strategy to help achieve the university’s goals and enhance Vanderbilt’s reputation and influence,” according to a release. The role includes all internal and external communications, marketing and digital strategy.
Health care notes: Council signs off on $16M in extra Metro General subsidies
Also: Health:Further team to help TennCare MCOs Metro Council members on Tuesday voted to approve $16 million in emergency funding for Nashville General Hospital at Meharry, whose leaders had asked for the cash to make up for a shortfall in revenues and insurance payments as well as some unexpected costs. The Council’s newly approved funding is on top of the $35 million Metro has allotted to Metro General this year.
EC president to leave at year’s end
Nashville Entrepreneur Center President and COO Sam Lingo will step down from his roles Dec. 31 after nearly seven years with the business incubator. Lingo joined the EC in mid-2010 as its second employee after working at U.S. Cryogenics and was named COO in 2011. He was lauded as a key player in developing and building the EC’s partnerships with Nashville business leaders as well as with Google, Inc. magazine, former AOL boss Steve Case and the Kauffman Foundation, among others.
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