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JLARC OKs VCU Health review in light of failed downtown project - Vimarsana News

JLARC OKs VCU Health review in light of failed downtown project

The state-led study into the health system’s governance structure comes as a request to examine its $73 million project exit payment has been forwarded to the U.S. Department of Justice.

VCU Health: How it pulled off an $89 million turnaround - Vimarsana News

VCU Health: How it pulled off an $89 million turnaround

VCU Health lost millions as labor costs ballooned, triggering "operation rebound."

FOIA Friday: State scrutiny of failed VCU deal and Va. NAACP's rights restoration lawsuit - Vimarsana News

FOIA Friday: State scrutiny of failed VCU deal and Va. NAACP's rights restoration lawsuit

This week: Richmond records on tree that killed city employee, Warrenton pushes Amazon on redacted plans, failed VCU Health deal and more

'Wait till they really hear the deal': Despite efforts, doomed VCU Health development couldn't be saved - Vimarsana News

'Wait till they really hear the deal': Despite efforts, doomed VCU Health development couldn't be saved

Emails show that the exit payment offer was at one point as high as $142 million, before the health system and its landlord settled on $73.1 million.

Email reveals CEO's 'alarm' over costly VCU development - Vimarsana News

Email reveals CEO's 'alarm' over costly VCU development

The emails show how some sounded alarms about the deal that the health system would ultimately back out of, requiring a $73 million exit payment from VCU Health.

Source: wtvr.com