Shareholder communities of GZO AG Spital Wetzikon support reorganisation options
The shareholder communities of GZO AG Spital Wetzikon have reaffirmed their support for the reorganisation of the hospital and defined the necessary conditions for financial participation. Despite the debt deferral, emergency and healthcare services will continue to be guaranteed.
The development of reorganisation options for GZO AG Spital Wetzikon is progressing. The shareholder communities continue to support the hospital operations and are prepared to consider financial participation in a reorganisation. They have shown the hospital’s managers what conditions are necessary for such a measure to be considered by the shareholder communities.
Stable care despite debt restructuring deferral
Wetzikon Hospital has been in debt restructuring deferral since the beginning of May. As those responsible at GZO AG assure the shareholder communities, hospital operations are running well despite the challenging conditions. Comprehensive emergency and healthcare provision continues to be guaranteed.
Conditions for financial participation
The Board of Directors and management of GZO AG have a duty to develop viable solutions for reorganisation. Based on current knowledge, the shareholder communities assume that they will be expected to make a financial contribution to the reorganisation. They have explained to the Board of Directors and the Executive Board of GZO AG which requirements and documents must be met for such a financial contribution. A central point is the existence of an economically viable concept for the Wetzikon hospital of the future. Those responsible for the hospital are currently working intensively on the relevant foundations, although this will take some time due to the complex situation (ongoing hospital operations, new building, etc.).
Suspension of the appeal to the cantonal government
GZO AG immediately lodged an appeal with the administrative court against the decision of the cantonal government not to grant financial support to Wetzikon Hospital. Following an in-depth analysis of the situation and careful consideration, the GZO Board of Directors and the mandated experts from the shareholder communities agreed to seek a suspension of the appeal. The shareholder communities have informed the Health Directorate in writing that they support the request for suspension in the interests of the case.
Future of Wetzikon Hospital
The shareholder communities have made it clear that they will consider making a financial contribution to the reorganisation of the hospital as soon as a viable economic concept is available. This demonstrates their commitment and support for Wetzikon Hospital in order to ensure continued stable and comprehensive healthcare provision.