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contents HEALTH CARE


Vol. 33


VirginiaBusiness.com NOVEMBER 2018


No. 11 VIRGINIA BUSINESS PUBLICATIONS LLC


President & Publisher Bernard A. Niemeier Editor Robert C. Powell III


Managing Editor Jessica Sabbath


Special Projects Editor Veronica Garabelli Assistant Editor Michael O’Connor


Contributing Writers Robert Burke Jack Cooksey Richard Foster James Heffernan Karin Kapsidelis Tim Loughran Vanessa Remmers Gary Robertson Tim Thornton Joan Tupponce


Art Director Adrienne Reaves-Watson Contributing Illustrator Matt Brown


Contributing Photographers Matthew R. O. Brown Stephen Gosling Steven Mantilla Caroline Martin Earl Neikirk Don Petersen Mark Rhodes Norm Shafer Shandell Taylor


Production Manager Kevin L. Dick Circulation Manager Karen Chenault


Marketing Services Manager Lisa Niemeier


ADVERTISING CENTRAL VIRGINIA


1207 East Main Street, Suite 100, Richmond, VA 23219 (804) 225-9262 Fax: (804) 225-0028


Vice President of Advertising .................Hunter Bendall Account Manager .................................... Lindsey Swain


HAMPTON ROADS


4211 Monarch Way, Suite 104, Norfolk, VA 23508 (757) 625-4233 Fax: (757) 627-1709


Sales Manager ............................................... Sara Gray ROANOKE


210 S. Jefferson St., Roanoke, VA 24011-1702 (540) 597-2499


Sales Manager .......................................... Lynn Williams


NATIONAL SALES (973) 464-9969


Account Manager ................................ Molly Thompson


VIRGINIA BUSINESS MEDIA LLC Bernard A. Niemeier, Chairman & CEO


Virginia Business (USPS 001-387, ISSN 0888-1340) is published monthly by Virginia Business Publications, LLC, 1207 E. Main Street, Suite 100, Richmond, VA 23219. Subscriptions: U.S. and possessions: $48. Periodicals postage paid at Richmond, Va. Postmaster: Send address changes to Virginia Business, 1207 East Main Street, Suite 100, Richmond, VA 23219. Copyright 2018 Virginia Business Publications, LLC. All editorial material is fully protected and may not be reproduced in any manner without prior permission. For additional reference: SRDS #20A – Business-Metro, State and Regional


65 Coping with costs


Changes are proposed for state’s prepaid college savings plan. by Gary Robertson


www.facebook.com/VirginiaBiz 4 NOVEMBER 2018 HIGHER EDUCATION


REAL ESTATE


71 Coworking spaces


Tenants like the vibe in sharing offices. by Richard Foster


COLLEGE PROFILE: SHENANDOAH UNIVERSITY


55 Making FINANCE


61 Section 199A and the 2018 tax return


Proposed rules from the IRS help clarify deduction for pass-through businesses. by Tim Loughran


connections Focused Ultrasound Foundation helps startups find investment and expertise. by Robert Burke


74 ‘A different animal’


University began as a seminary and conservatory. by Karin Kapsidelis


COMMUNITY PROFILE: SHENANDOAH VALLEY


78 Gaining altitude Regional airport’s new nonstop service attracts passengers.


by James Heffernan departments


6 Followups 7 Events calendar 9 Out & About


11 Out & About 12 Regional Views 84 Index 85 Preview


@VirginiaBiz


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