Good Samaritan Community Healthcare, Puyallup, Wash., said it's seeking a hospital or health system to merge with or to acquire the 201-bed facility and expects to conduct a one-year to 18-month search for a partner. The board and the hospital's new chief executive officer decided to seek a partner because of recent financial losses and a need for capital, a spokeswoman said. The hospital earned net income of $1.8 million on revenue of $350 million in its fiscal 2004, according to state records. It had an operating loss of $435,379 that year. The spokeswoman said the hospital lost $2 million on operations in its fiscal 2005, ended Sept. 30. She could not provide a revenue figure. -- by Melanie Evans
Wash. hospital begins search for merger partner
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