Governor Morrisey announces the finalized sale of long-term care facilities in West Virginia
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5 Articles
Governor Morrisey announces the finalized sale of long-term care facilities in West Virginia
CHARLESTON, WV (WVNS) -- Governor Patrick Morrisey announced that the sale of four state-owned long-term care facilities in West Virginia was finalized. According to a press release, on Saturday, November 1, 2025, the completion of the $60 million sale of four state-owned long-term care facilities in West Virginia was announced by Governor Morrisey, and that ownership and operations would be taken over by Marx Development Group (MDG) and MDG sub…
Morrisey’s $60M hospital sale closes; questions, other issues still linger in Beckley
Gov. Patrick Morrisey’s $60 million sale of West Virginia’s four long-term nursing homes closes on Oct. 31, 2025, placing the facilities under private ownership after many lawmakers for years have said no to the change. The hospitals, which mostly serve elderly patients using Medicaid, were operating at $6 million annual financial loss to the state. The buyers, New York-based developer Marx Development Group and its subsidiary, Majestic Care, ar…
Governor Patrick Morrisey announces completion of sale of state’s long-term care facilities
West Virginia (WOAY)- Governor Patrick Morrisey announced the sale of West Virginia’s four state-owned long-term care facilities has been finalized. Marx Development Group (MDG) is now the new owner, with its subsidiary Majestic Care taking over operations. The $60 million sale includes Hopemont Hospital, Jackie Withrow Hospital, John Manchin Sr. Health Care Center, and Lakin Hospital. Governor Morrisey says the move marks a major step toward mo…
Governor Patrick Morrisey Announces Completion of Sale of State’s Long-Term Care Facilities - West Virginia Daily News
CHARLESTON, W.Va. (WVDN) – Governor Patrick Morrisey today announced that the sale of West Virginia’s four state-owned long-term care facilities has been finalized, with Marx Development Group (MDG) now taking over ownership and MDG subsidiary Majestic Care taking over operations. “This marks an important milestone in our work to strengthen healthcare services and modernize the state’s operations,” said Governor Morrisey. “West Virginia patients…
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