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Adventist HealthCare regroups after Maryland setback – Washington Business Journal

By September 21, 2012News
Adventist-HealthCare

Adventist-HealthCare

Adventist HealthCare hopes an improved economy and a possible asset sale will make the difference when it tries again to secure Maryland regulatory approval to move Washington Adventist Hospital from Takoma Park to White Oak.

But the clock is ticking. The 105-year-old hospital is on pace to lose money this year as revenue continues to decline, which hospital President Joyce Newmyer said is partly a reflection of the increasingly untenable problems faced at its current location, which executives say is too cramped and isolated to accommodate health care reforms.

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