The announcement by Alecto Healthcare Services, a California company, about Fairmont Regional follows the company’s closure of the Ohio Valley … Alecto abruptly announced the closure of Fairmont Regional on Feb. 18 when 600 physicians, nurses and others received letters saying the hospital would be closing in 60 days, according to a resolution passed earlier this year in the West Virginia House of Delegates calling on Morrisey to investigate Alecto’s business practices. The hospital intends to close despite also having received more than $27.6 million in combined Covid stimulus money and advance Medicare payments. Gov. “In other words, the plan announced by Governor Justice and WVU Medicine on Friday specifically calls for FRMC and its emergency room to be closed for a period of time before WVU Medicine commences operations at the FRMC location,” he wrote. Resources and updates for nurses during the Coronavirus Pandemic. Alecto Healthcare Services bought the hospitals back on June 1st of 2017. MARTINS FERRY — Alecto Healthcare Services has completed its acquisition of Ohio Valley Medical Center in Wheeling and East Ohio Regional Hospital in Martins Ferry after a four-month process. The hospital and sister facility East Ohio Regional Hospital in Martins Ferry, Ohio, are closing after two years of ownership by Irvine, California-based Alecto Healthcare Services. Alecto came to AVH in November 2016. The new WVU Medicine hospital will be about 2 miles (3.2 kilometers) away from the shuttering Fairmont Regional Medical Center and is expected to have 100 beds and about 500 employees, Justice said. The owner of Olympia Medical Center, Alecto Healthcare, sold the facility to UCLA Health in recent weeks. Including Olympia Medical Center, Alecto as a hospital chain collected nearly $73 million overall in Covid stimulus and advance Medicare payments. info@nationalnursesunited.org, © 2010 - 2020 National Nurses United    |    Privacy Policy, California Nurses Association/National Nurses United, Corporate hospital chain Alecto to close Olympia Medical Center in heart of Los Angeles during worst Covid pandemic surge yet, zero ICU capacity in county. Alecto Healthcare Services faces a WARN Act class action after closing the Ohio Valley Medical Center allegedly without providing employees mandatory notice of layoffs. The company has bought up rural or independent hospitals around the country, often to make deep budget cuts and then shut them down. Wright last week said he anticipated that the Fairmont Regional Medical Center would be closed from the end of March to around early-to-mid May while preparations are made for WVU Medicine to operate there. “We might have a bumpy couple months here but long term we’re going to get it right,” he said last week. They are not taking this whole pandemic into consideration,” said Burruel. We nurses are ready to fight.”. This is useful in estimating the financial strength and credit risk of the company. Suite 1100 FAIRMONT, W.Va. – The Retail, Wholesale and Department Store Union (RWDSU), which represents 120 workers at Fairmont Regional Medical Center, has announced that it intends to file a lawsuit against Alecto Healthcare Services over the hospital’s closure in March. Jim Justice and Albert L. Wright Jr., CEO and president of the WVU Health System, said Fairmont Regional Medical Center would be closed for around a month to allow for administrative turnover at the facility. Some 40 percent of admitted patients were Black, and some 63 percent of patients were over the age of 60. “At a time when the county is so desperate to find hospital beds for the most deadly pandemic in a century, it is immoral and unconscionable to shut down a major metropolitan hospital,” said Bonnie Castillo, RN and executive director of CNA and National Nurses United, the national organization with which CNA is affiliated. Alecto Healthcare Services Irvine. Jim Justice and a number of state lawmakers have asked Attorney General Patrick Morrisey to investigate after the company closed the Ohio Valley […] Shutting down the hospital now would cause untold death and suffering among the city’s most vulnerable patients who rely on the facility. “This heartless decision to close Olympia when the hospital is most needed is a clear demonstration of what is wrong with corporate health care, which always prioritizes profits over public health and patients,” said Castillo. Alecto is headed by Lex Ready, a former CEO of Prime Healthcare. It must not be allowed to be closed,” Castillo said. “We will work with elected leaders and community members across Los Angeles County to demand Olympia Medical Center remain open as a full-service, acute-care hospital for at least the duration of the pandemic. It is expected to be open within 18 to 24 months. Alecto abruptly announced the closure of Fairmont Regional Medical Center on Feb. 18 when some 600 physicians, nurses and other personnel were greeted with letters saying the hospital would be closing in 60 days, according to the resolution. According to Medicare cost reports covering the first half of 2020, about 60 percent of Olympia’s admitted patients were covered by Medicare, and almost 30 percent covered by Medi-Cal. “They are not looking out for the best interests of the community. Alecto Buys OVMC & EORH, Pledging Quality Health Care . Though UCLA Health claims to eventually turn Olympia into an additional hospital campus, nurses say their immediate, urgent goal is to keep the hospital continuously operating, especially during this Covid-19 pandemic. Lex is not someone you want managing your hospital. Pleasant Valley Hospital in Point Pleasant recently announced it was cutting 53 full-time jobs and ending obstetrics services. State Del. February 20, 2015. Gov. Fairmont Regional Medical Center, owned by California-based Alecto Healthcare, announced last month that it was unable to find a buyer and that it would close within 60 days. At Fairmont, many feared they would be next. The announcement followed several other hospital closures or health care cutbacks in the region. 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