Article: Some fear San Leandro Hospital will close

SAN LEANDRO -- San Leandro Hospital operates at a loss of $700,000 a month, says George Bischalaney.

The hospital's net book value is

$25 million, adds Bischalaney, chief executive officer of Eden Medical Center, which operates its San Leandro counterpart.

In 2004, the Eden Township Healthcare District paid $35 million for the 122-bed complex.

"We could not now get a buyer with the current operation," said Bischalaney.

Meanwhile, hundreds of local doctors fear the hospital will close -- or be converted for other medical uses -- unless changes are made to create a positive cash flow.

So internist Miles Adler, the president of the combined medical staffs at Eden and San Leandro ...

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