# Carilion New River Valley Medical Center

Carilion New River Valley Medical Center is an Endowment / Foundation based in Christiansburg, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Christiansburg, United States
- **Region:** North America
- **Address:** 2900 Lamb Circle, Christiansburg, VA 24073
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** carilionclinic.org
- **LinkedIn:** https://www.linkedin.com/company/carilion-clinic

## Regulatory record

- **Reports private funds:** No

## About

Carilion New River Valley Medical Center was established in 1999 on the site of the former Radford Community Hospital. Nancy Howell Agee previously served as CEO and President of the parent Carilion Clinic and oversaw the creation of its Healing Arts Program. The facility functions as a community hospital with 146 beds and maintains formal ties to academic institutions. The medical center provides Level III trauma services and emergency care across the New River Valley region. It participates in two named academic partnerships: the Virginia Tech Carilion School of Medicine and the Fralin Biomedical Research Institute with Virginia Tech, plus Radford University Carilion for health sciences training. These relationships shape clinical training and research activity conducted on site. Operations remain confined to Virginia. Carilion Clinic Foundation serves as the philanthropic vehicle attached to the health system. Steven C. Arner currently holds the role of President and CEO of Carilion Clinic. The center lists no investment deployment figures or external fund commitments. Governance occurs through the Carilion Clinic parent organization rather than an independent endowment board. Clinical and real-estate assets sit under the same corporate structure, including multiple medical office buildings and an affiliated surgery center at the same campus address.

## Sectors

- Healthcare Services

## People

- Steven C. Arner — President and CEO of Carilion Clinic
- Nancy Howell Agee — Former CEO and President

## Questions

### Who runs investment decisions at Carilion New River Valley Medical Center?

No investment function is disclosed. Operational leadership rests with Steven C. Arner as President and CEO of the parent Carilion Clinic.

### How is Carilion New River Valley Medical Center related to Carilion Clinic?

It functions as one hospital within the Carilion Clinic health system and shares the same executive leadership and foundation structure.

### Does Carilion New River Valley Medical Center participate in fund commitments or only direct deals?

No fund commitments or direct investment activity appear in available records.

## Related profiles

- [Carilion Medical Center](https://altss.com/profile/carilion-medical-center)
- [Carilion Rockbridge Community Hospital](https://altss.com/profile/carilion-rockbridge-community-hospital)

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Last updated: 2026-06-03T20:00:00.000Z

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