Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Business Law
    • Commercial Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • Coronavirus 2020
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Diversity Leadership Series
    • Vote Now for Women in Leadership
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read the issue
    • Order a copy
    • Buy an award plaque
    • Nominate execs for 2021

Advertisement

Header Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Home News Inova takes steps to create personalized health ‘ecosystem’

Inova takes steps to create personalized health ‘ecosystem’

Published December 2, 2019 by Stephenie Overman

Plans for Inova’s Center for Personalized Health include research centers, retail, housing and hotels. Rendering courtesy Inova Center for Personalized Health

Editor’s note: This story has been updated.

On the former Exxon Mobil campus in Fairfax County, Inova Health System plans to create an “innovation district” with treatments tailored to patients’ genetic makeups, environments and lifestyles.

In September, the county Board of Supervisors approved updates to Inova’s expansion plans for the site. The county’s newly approved Comprehensive Plan envisions another 3.8 million square feet in possible development for the 117-acre campus, now called the Center for Personalized Health.

The long-range goal, according to Inova officials, is to create “an ecosystem for academic, commercial, research, technology and other partners to flourish and collaborate with one another and our clinicians.”

Inova expects the first phase of development to be completed during the next 25 years.

However, in late November, the health system made a shift in the campus’ focus, deciding to shut down Inova Strategic Investments, its venture capital program, and the Inova Personalized Health Accelerator, a hub for health care startup businesses, at the end of the year.

“We have a relentless focus on patient care, and although these are valuable activities, they do not align with our new strategic focus,” Inova President and CEO Dr. Stephen Jones said in a prepared statement.

Decisions about what will replace the departing programs on the campus are still under discussion, Siciliano says, and the seven startups in the accelerator are currently being assessed by Inova’s finance division, which will decide which companies the health system will continue to invest in. In essence, she says, the idea of building an ecosystem for health care innovations is still in place — but now it will be entirely centered around patient care.

“Thanks to recent land use approvals from Fairfax County, Inova is now poised to create an innovation district on the Inova Center for Personalized Health campus, working with a variety of partners to ultimately advance patient care,” Siciliano says.

Other parts of the campus, including the Global Genomics and Bioinformatics Research Institute, a collaboration between Inova and the University of Virginia’s School of Medicine, will still move forward.

Alexander Prevost, a spokesperson for the U.Va. Health System, says most new research “will be centered around the Global Genomics and Bioinformatics Research Institute [GGBRI] and the potential treatments that arise from the research conducted.” GGBRI’s focus is on projects related to genetics, genomics, bioengineering, systems biology, developmental biology and computational biology.

The GGBRI building is still being retrofitted for a research buildout, officials say, although the health system is in discussions now with U.Va. about a possible change in scope and name.

In addition to more academic and research space at its campus, plans for housing, retail and hotels also remain in place. Inova is a leading health-care provider in Northern Virginia — and the largest nonprofit employer in Fairfax County, and it already has entered into a comprehensive research and medical educational partnership with George Mason University and the University of Virginia.

Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, calls the Center for Personalized Health “a huge magnet for talented medical professionals and scientists who want to change and improve health care.” He predicts that “the whole area of personalized medicine will open up. This is going to be a long-term opportunity. It’s a competitive process and we’re going to continue to do it until we win.”

By 2035, Inova estimates that activity related to the campus will generate $1.18 billion in economic impact, including $68 million in local and state tax revenue.

Related Stories

Virginia Business logo

NGKF will lease eight-building flex/office portfolio in Manassas

575 Herndon Parkway is listed for sale

Virginia Business logo

General Services Administration picks Frederick County for site of new FBI records complex

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Advertisement

Advertisement

Trending

Finance/Insurance: STEPHAN Q. CASSADAY

Finance/Insurance: PAUL B. MANNING

Federal Contractors/Technology: JASON PROVIDAKES

Education: ANNE M. KRESS

Artemis I to launch with help from Va. contractors

Sponsored Stories

Why is my Less Than Truckload (LTL) freight pricing going up and my service level going down?  

Beyond Juneteenth – How Capital One is Commemorating and Implementing Change

How We Help Your Business Operate Better

Before the Breach: Get Serious About Cyber Resilience

Professionals are Discovering What it Means to Live Uniquely in the Alleghany Highlands of Virginia

Riverside Logistics Celebrates 25th Anniversary!

Girls for a Change Empowers Black Youth for the Future Workforce

The Jackson Ward Collective is equipping Black-owned small businesses with the tools for success

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk