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Industry: Email Alert RSS FeedWheeling Hospital Renews Management Contract
State Journal, The, November, 2007 by Harris, Linda
Wheeling Hospital's board of directors has renewed its management contract with Pittsburgh-based R&V Associates through July 2010.
In making the announcement, the board cited the hospital's "growing financial strength, as well as the overall enhancements of its medical services and patient care" as reasons for adding a full two years to R&V's current contract, which otherwise would have expired in 2008.
R&V, a management firm founded by Ronald Violi and Vincent Deluzio, specializes in crisis management, mergers and acquisitions, recapitalizations, turnarounds and restructurings for a wide range of industries, though its emphasis is the health care sector. The firm was retained in 2006 to restructure Wheeling Hospital, which foryears had been plagued with red...
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