August 15th, 2025 by WCBC Radio
West Virginia has officially gotten out of the long-term care facility business. Governor Patrick Morrisey announced this week that the state’s four long-term care locations, including one in Fairmont, had been sold to MDG, an operator of similar facilities throughout the region. The facilities have been operating at a cost of $40 million dollars a year with a $6 million annual loss…
“Marx Development Group, or MDG, has agreed to purchase these assets from the state of West Virginia for $60 million dollars. And in addition as part of the deal, MDG has also agreed it would be investing in West Virginia to construct new facilities.”