Ohio Valley Medical Center and East Ohio Regional Hospital Purchase Completed by Alecto Healthcare Services
As written in The Intelligencer, Alecto Healthcare Services has completed its acquisition of Ohio Valley Medical Center and East Ohio Regional Hospital after a four-month process. Michael Caruso, president and CEO, of the hospitals, has chosen not to continue as CEO after the close of the sale. The hospitals, which were nonprofit facilities previously, will be operated as for-profit entities by Alecto. The purchase price was not revealed.
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