Urology of Virginia — A Private Banking Member
Healthcare
Urology of Virginia (UOV) has provided care to patients in Hampton Roads for 100 years. Over the last century, the practice has grown from a family operation to being known worldwide for performing groundbreaking surgeries and developing urological techniques used widely today.
In 2010, after a series of mergers, UOV set out to become fully independent through the purchase of a stand-alone facility. “They needed a banking team that could react quickly, and we did,” recalls Michelle Butler, executive vice president and director of private banking. “Our team set up critical financing to help UOV secure their new space – a pivotal moment in their journey.”
Years later, UOV partnered with TowneBank again to expand the space, adding an ambulatory surgical center, outpatient diagnostic imaging, and an oncology center. The Virginia Beach based facility allows UOV to provide full-service care to their patients, often eliminating the need for costly hospital stays. “TowneBank has been integral in our growth process,” says Dr. Jennifer Miles-Thomas, president at Urology of Virginia. “There are no ‘off the shelf’ solutions. Every decision has been tailor-made to meet our needs and promote our continued success.”
UOV uses treasury services offered through TowneBank, as part of a full suite of business banking solutions that help manage the day-to-day operations of the business. As the practice continues to grow, they know that TowneBank will be there to provide support through lending options and strategic, industry specific solutions. “The TowneBank team understands that there is a cost to innovation and progress. Their support allows us to stay competitive in the market, taking UOV into the next century of providing excellent care for the community.” says Dr. Miles-Thomas.
Whether your business is just starting out or celebrating a milestone year, TowneBank professionals are here to help. Find a location near you or contact a banker today.
In 2010, after a series of mergers, UOV set out to become fully independent through the purchase of a stand-alone facility. “They needed a banking team that could react quickly, and we did,” recalls Michelle Butler, executive vice president and director of private banking. “Our team set up critical financing to help UOV secure their new space – a pivotal moment in their journey.”
Years later, UOV partnered with TowneBank again to expand the space, adding an ambulatory surgical center, outpatient diagnostic imaging, and an oncology center. The Virginia Beach based facility allows UOV to provide full-service care to their patients, often eliminating the need for costly hospital stays. “TowneBank has been integral in our growth process,” says Dr. Jennifer Miles-Thomas, president at Urology of Virginia. “There are no ‘off the shelf’ solutions. Every decision has been tailor-made to meet our needs and promote our continued success.”
UOV uses treasury services offered through TowneBank, as part of a full suite of business banking solutions that help manage the day-to-day operations of the business. As the practice continues to grow, they know that TowneBank will be there to provide support through lending options and strategic, industry specific solutions. “The TowneBank team understands that there is a cost to innovation and progress. Their support allows us to stay competitive in the market, taking UOV into the next century of providing excellent care for the community.” says Dr. Miles-Thomas.
Whether your business is just starting out or celebrating a milestone year, TowneBank professionals are here to help. Find a location near you or contact a banker today.
About Urology of Virginia
Urology of Virginia has provided comprehensive urological care in Hampton Roads for nearly 100 years. Founded in 1922 by Charles Devine, the practice began growing in the 1950s. The practice gained an international reputation for genitourinary reconstructive surgery, developing new surgical techniques to correct urethral strictures and hypospadias that are still used today. Today, 30+ urologists continue to use the latest technology and research to offer innovative care. Globally renowned, the practice continues to grow to help meet the needs of all patients and has 6 locations throughout the regions of Virginia.
Learn more on their website at www.urologyofva.net/.