Fairmont hospital seeks extension in bankruptcy case

FAIRMONT, W.Va. - Fairmont General Hospital is asking a judge for an extension in its bankruptcy case.Fairmont General says in a motion that it's in the process of locating a buyer or strategic partner. The hospital says it believes the process will be complete by the end of March 2014 and a plan can be filed.The motion seeks to extend the exclusivity periods in the case to allow the agreement to be finalized.
The Dominion Post reports that the hospital filed the motion last week.Fairmont General filed for Chapter 11 bankruptcy in September. The hospital listed roughly equal amounts of assets and liabilities.Fairmont General has been looking for a strategic partner since December 2011.The hospital was founded in 1939, and employs about 700 people.
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