Transactions & Valuation Issues

Advanced Surgical Hospital of Washington (County) in North Franklin, Pa., a 14-bed physician-owned hospital, will open next month, seven months in advance of the Dec. 31 deadline imposed by recent healthcare reform legislation, according to a report by the Pittsburgh…

HealthCare Appraisers (HAI), a nationally recognized leader in providing fair market value opinions and valuation services for the healthcare and life sciences communities, recently published its Healthcare Transactions 2009 Year in Review, a compendium of key trends that were observed…

Reston Hospital Center in Virginia received a green light from the Fairfax County Board of Supervisors to move ahead with a master plan that allows for significant expansions in the years ahead, according to a report by Reston Connection.

South Dakota-based Sanford Health is partnering with Rady Children's Hospital San Diego to open a pediatric care clinic in Oceanside, Calif., according to a report by TV 10 News.

Piedmont Hospital, a 481-bed facility in Fayetteville, Ga., is challenging a proposal by one-hospital Southern Regional Health System in Riverdale, Ga., to offer open-heart surgery, according to a report by the Citizen.

Children's Hospital & Research Center Oakland (Calif.) announced a restructuring involving spending reductions, improved business practices, and layoffs of less than 1 percent of staff to try to reduce a projected $26 million deficit this year, according to a report…

Huntsville (Ala.) Hospital plans to sign an affiliation agreement with 337-bed Decatur General Hospital, its third such agreement, all of which stop short of an outright purchase, according to a report by the Decatur Daily.

In Maryland, Holy Cross Hospital, a 450-bed facility in Silver Spring and 887-bed Adventist HealthCare in Rockville are battling for state permission to build a new hospital in Montgomery County's upcountry, according to a report by the Gazette.

The number of new medical malpractice suits in Pennsylvania fell to 1,533 in 2009 from 1,602 new cases in 2008, according to a report in the Philadelphia Inquirer.

McCall (Idaho) Memorial Hospital, a 15-bed public hospital, is expected to become part of St. Luke's Health System, a six-hospital network based in Boise, according to a report by the Idaho Statesman.