Transactions & Valuation Issues

United Medical Center in Washington, D.C., is seeking a nonprofit charitable status to improve financial problems that appear to have deepened recently, according to a report by the Washington Post.

A replacement for the Kiowa County Memorial Hospital in Greenburg, Kan., is about to open, after the previous hospital was destroyed by a tornado, according to a report by the Kansas City Star.

Mercy General Hospital is spending $170 million on construction, including a new heart center, according to the Sacramento Business Journal.

Eisenhower Medical Center in Rancho Mirage, Calif., has opened a new $55 million health center in nearby La Quinta, according to the Desert Sun.

Two hospital systems in southern New Jersey are extending their territories or expanding current satellite facilities, according to a report by the Philadelphia Business Journal.

Bert Fish Medical Center in New Smyrna Beach, Fla., is considering a merger or affiliation with a nearby hospital system, according to a report by the News-Journal.

A physician-owned hospital, built three years ago in Hammond, La., but never opened, has been sold in U.S. Bankruptcy Court to its major creditor for $7.95 million, according to a report by the Advocate.

Memphis, Tenn.-based Baptist Memorial Health Care and NEA Clinic, based in Jonesboro, Ark., have merged, according to a report by KAIT News.

A difficult economic climate has led many healthcare providers, including ASCs and hospitals, to make significant efforts to cut costs and improve revenues. Although providers have done well in adapting to this climate, some factors still have made an impact…

Mercy Health Partners, which operates four hospitals in the Cincinnati area, is offering to pay 15 percent of its yearly operating profits, or about $4 million in 2009, to the University of Cincinnati College of Medicine for a partnership, according…