Following months of financial problems threatening the closure of St. Joseph's Catholic Hospital in Congotown, its management says the hospital will not close as feared.

In partnership with the Ministry of Health and Social Welfare, St. Joseph's Catholic Hospital is teaching and training new medical generations through the A. M. Dogloiti Medical College of the University of Liberia, the Mother Pattern College of Heath Sciences and Cuttington University.

A statement issued over the weekend from Catholic Hospital and signed by its Director, Mikel Tellaeche, said the hospital will not be closed down because it is moving toward "Gradual Progress of a Sustainable State".

The statement said, due to US$125,000 increase in the annual subsidy to St. Joseph's Catholic Hospital by the Liberian Government, the hospital will remain operational.

Meanwhile, the statement said the hospital has now introduced new specialties, diagnostics and other services including a modern Intensive Care Unit, Orthopedics and Trauma, ambulance and medical check-ups services and Trauma Emergencies, as well as Out Patient Visits in the afternoons.