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Fairmont General Hospital To File Chapter 11 Backruptcy
Written by Lindsey Watson
Last updated on August 30, 2013 @ 7:04PM
Created on August 30, 2013 @ 6:24PM

As of Friday morning the Fairmont General Hospital board of directors announced that it will be filing for Chapter 11 bankruptcy protection as soon as next week.

That's in order to continue to move the hospital forward financially, and continue their search for a strategic partnership.

"Initially all of the partners that expressed interest in us, told us that they would not go forward without us filing for bankruptcy, for reorganization."  said Fairmont General Hospital CEO Robert C. Marquardt.

Filing for bankruptcy will now give Fairmont General a chance to restructure, and move into the future of healthcare.

"All of our employees will have jobs. They will all have their salaries. We don't plan any layoffs. It should be very transparent to virtually
everybody associated with the hospital whether they are patients, staff or physicians that nothing has changed." said Marquardt.

In a statement from workers union SEIU they said,

“It is important that this community knows that Fairmont General Hospital is open for business, continuing to provide top-quality care and the best thing people can do to support the workers and the hospital is to continue to trust the experienced care and service providers of Fairmont General Hospital for all of their healthcare needs.”

But both employees and patients are now more concerned about the hospital
that they love.

"We want to know what's going on. It's our hospital, it's our community, it's our jobs, it's our life." said FGH Medical Assistant Michelle Jenkins.

"These doctors, I can go to their home, anytime I call. I can go to their home. I know that their going to do their best." said FGH patient Samuel Bearden Jr.

The board of directors will officially file for Chapter 11 protection on September 3rd, and they expect the process to be completed within the next 12 months.


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