West Virginia plans to sell four of its long-term care facilities to Marx Development Group, a privately held, full-service real estate development firm based in Fresh Meadows, N.Y., West Virginia Gov. Patrick Morrisey announced Aug. 12 during a news conference streamed on Facebook. Mr. Morrisey said Marx Development Group has agreed to purchase Hopemont Hospital in Terra Alta, Jackie Withrow Hospital in Beckley, John Manchin Sr. Health Care Center in Fairmont and Lakin Hospital in West Columbia for $60 million.
Read the full article: West Virginia to Sell 4 State-Run Hospitals //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/west-virginia-to-sell-4-state-run-hospitals/