A Northern Panhandle hospital has dropped out of a deal to buy Sistersville General Hospital. Wheeling Hospital Inc. this week said it would not proceed with the transaction. The decision was “based on (Wheeling Hospital’s) assessment of the overall health care market in the immediate region, as well as the limits such a purchase would likely create as we undertake our own efforts to expand clinical programs and services at Wheeling Hospital,” according to an internal memorandum from Doug Harrison, chief executive officer of Wheeling Hospital. The Sistersville Hospital Board of Managers, Sistersville City Council and the Sistersville Building Commission last month approved the sale under the terms of an Asset Purchase Agreement with Wheeling Hospital.
Read the full article: Deal to Buy Sistersville General Hospital Flatlines //
Source: https://www.newsandsentinel.com/news/business/2020/02/deal-to-buy-sistersville-general-hospital-flatlines