MARTINS FERRY, Ohio – The medical campus of East Ohio Regional Hospital was purchased by 360 Healthcare Inc., according to a press release.
Company president Harold Ramsey has launched efforts to reopen the facility under the same name at in Fall 2025.
Ramsey’s initial goals include the restoration of power to the campus, a complete cleansing of the hospital, and continued communication with both Martins Ferry and Belmont County officials.
“East Ohio is on a clear, controlled path for a professional restart, and we’ve established the direction by working with federal representatives with the Centers of Medicare and Medicaid, and with several talented professionals in Columbus, Ohio,” said Ramsey, managing partner of Rising River Capital LLC, with 20 years of experience in worldwide finance and investment markets. “We are working toward site readiness and the hospital’s formal accreditation.”
The employed physician group will open offices soon, and in the fall, the facility will resume general hospital operations. Hiring of providers and key staff members is underway, and a jobs event will be scheduled in the near future.
More than 400 healthcare professionals and staff members lost their employment when EORH was shuttered in late March. Ramsey is hopeful the reopening will attract many of those individuals back to Martins Ferry’s medical facility.
“We want to continue the long tradition of providing quality healthcare to the people of Martins Ferry, and to the people here in the Upper Ohio Valley, and we want to do that with the healthcare professionals in the region,” Ramsey said. “There are a lot of steps we have to take in order to accomplish that goal, but we’re going to get there sooner than later.”
Ramsey brings more than 20 years of capital markets expertise across finance, alternative investments, and structured finance.
