Wetzikon Hospital Board resigns amid restructuring and debt challenges

The entire five-member Board of Directors at Wetzikon Hospital has resigned, signaling a major restructuring effort for the healthcare facility.

Financial Difficulties and Resignation

The hospital is currently facing financial difficulties, with potential debt waivers from creditors. The Board"s resignation follows a failed refinancing effort for a new hospital construction project.

Debt-Restructuring Moratorium

The hospital has sought a debt-restructuring moratorium to avoid bankruptcy. A restructuring plan is pending approval, and the municipalities that own the hospital are forming a search committee to find new leadership.

Potential Merger

Discussions about a potential merger with Uster Hospital have also emerged. The municipalities are considering contributing to the restructuring costs, and a "plausibility check" of the proposal is underway.

Voter Consideration and Referendums

The future of the hospital will be decided through voter consideration and referendums. The situation at Wetzikon Hospital highlights the challenges faced by regional hospitals in Switzerland and the need for innovative solutions and strong leadership.

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