In addition to Olympia, Alecto owns St. Rose Hospital in Hayward and hospitals in Wes Virginia and Texas. The enumeration date of this NPI Number is 04/23/2017. “It’s incredibly frustrating that this entire community is stranded without a hospital,” he said. The counties they serve have already recorded 171 coronavirus cases and nine deaths. With fewer patients bringing in less revenue, staff members noticed regular supply shortages that affected care. Doctors were fired, supplies ran low and many in need of care had to journey elsewhere. The purchase price was not revealed. At September 30, 2020, we lease one acute care facility to Alecto Healthcare Services LLC (“Alecto”) and have a mortgage loan on a second property, representing less than 1% of our total assets. The lawsuit is pending. Alecto Healthcare Services was formed in 2012 and bought WNJ in October of 2014. During the second quarter of 2020, we re-leased one acute care facility to West Virginia University and sold another facility previously leased to Alecto. Closures have left the region with 530 fewer licensed hospital beds than it had a year ago. As supplies at the hospitals ran low, Paul Porter, an ultrasound technician, said he bought ultrasound film on eBay so a patient could see her baby. Staff members recalled initially feeling optimistic about the new owners. Some nonprofit or community-owned hospitals, like the three Alecto had bought in West Virginia and Ohio, turn to for-profit hospital chains as a lifeline, hoping that a focus on generating revenue could help them survive. NPI Number information was last time updated on 07/11/2017. The purchase price was not revealed. The purchase price was not […] Alecto Healthcare Services LLC is an American private company located in Long Beach, CA, with a presence in US. “We’ve now got a hospital that existed for over 100 years that, in the middle of a pandemic, sits empty,” said Jonathan Board, chairman of the Marion County Chamber of Commerce’s board of directors, referring to Fairmont. [+] The hospital and sister facility Ohio Valley Medical Center in Wheeling, West Virginia, are closing after two years of ownership by Irvine, California-based Alecto Healthcare Services. He stepped down as Prime’s chief executive in 2012, during a federal investigation that would result in a $65 million fine by the Justice Department to settle allegations that the company had falsely submitted Medicare claims. Legal Statement. 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. At Fairmont, many feared they would be next. Employees expected the new ownership to put the institutions on solid footing after years of financial struggle. After two years of ownership, Irvine, California-based Alecto Healthcare Services announced both hospitals will close by next month. Jones said of her psychiatric patients. Another said he purchased a roll of ultrasound film off eBay for $63. Staff cuts at the Ohio Valley hospital forced it to move many patients elsewhere before it closed, further straining revenue. A coronavirus infection at an air traffic control center near Washington causes delays. “That doesn’t mean they’ll do anything to make a buck, but they have a different goal from nonprofits.”. Gov. “You see people, potentially sick with Covid-19, waiting for eight or 12 hours just to be seen.”, Closed Hospitals Leave Rural Patients ‘Stranded’ as Coronavirus Spreads. A few miles east, Wheeling Hospital is one of the state’s top 10 private employers. 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