Recent Butler News
Bridgers Back On MondayThe folks who organized this week's "stand" on the Wayne... Butler News | Thu, March 11, 2010 |
Cashier ChargedState Police have charged a Butler woman with stealing from... Butler News | Thu, March 11, 2010 |
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Senior VoiceThis week on Senior Voice, Diane Stevens will be talking... Butler News | Thu, March 11, 2010 |
SR Native Dies In AlaskaA 32-year-old from Slippery Rock has died in Alaska.Candice Berner's... Butler News | Thu, March 11, 2010 |
Cranberry Man Named HTE Educator of the YearA Butler County man has been honored by the Pennsylvania Board of... Butler News | Wed, March 10, 2010 |
Butlerite Jailed For AssaultA Butler man was jailed, Tuesday night, after police were... Butler News | Wed, March 10, 2010 |
Gotham Girl Arrested In ButlerPolice in the city of Butler arrested a woman from... Butler News | Wed, March 10, 2010 |
Greenview Gardens IncidentA 23-year-old woman is in trouble for allegedly causing a... Butler News | Wed, March 10, 2010 |
Avalon Man Cited For HarassmentAn Avalon man is accused of harassing a woman in... Butler News | Wed, March 10, 2010 |
Paintball Gunman ChargedA Butler man is accused of using a paintball gun to... Butler News | Wed, March 10, 2010 |
George Neigh DayToday is George Neigh Day in the city of Butler.Mayor... Butler News | Wed, March 10, 2010 |
Metcalfe Running For Lt. GovButler County lawmaker Daryl Metcalfe has filed nominating petitions to... Butler News | Wed, March 10, 2010 |
Fatal Crash North Of KittanningA Templeton area man was killed Tuesday night when a... Butler News | Wed, March 10, 2010 |
BAMM Plan To Be UnveiledAfter more than two years, the Butler Area Multi-Municipal (BAMM) comprehensive... Butler News | Wed, March 10, 2010 |
Clarion County FireState Police are investigating the cause of fire at a... Butler News | Wed, March 10, 2010 |
Illegals Caught In Mercer CountyState Police arrested five Mexican nationals, Tuesday morning, south of... Butler News | Wed, March 10, 2010 |
Which One is the Dummy?Two men were charged with stealing a mannequin Monday afternoon... Butler News | Wed, March 10, 2010 |
II-VI withdraws acquisition bid for ZygoA Saxonburg-based specialty optics manufacturer is withdrawing its proposal to... Butler News | Wed, March 10, 2010 |
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| Valuation Report for Sunnyview Released |
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| Butler News | |||
| Written by Ken Hawk | |||
| Wednesday, 04 November 2009 15:38 | |||
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The Butler County Board of Commissioners announced today that they have released the valuation report for Sunnyview Nursing Home. Carbis Walker, LLP of Pittsburgh, prepared the report, which is 26 pages in length, and presented it to commissioners at the end of September. In its conclusion, the firm determined that Sunnyview has a fair market value of $7.08 million, or the value of its net assets. And in the report's computation of investment value, it says that Sunnyview's cost structure exceeded the total average costs for all companies within its industry, and the average total cost for non-profits. The report went on to say that Sunnyview's nursing, director of nursing, related clerical staff, dietary and food, laundry and linens, and housekeeping costs significantly exceeded its peer groups. The report also said that Sunnyview would begin to generate positive net income if those costs were brought into line. But the report also indicated that if per-bed prices were raised substantially, this could also generate positive net revenue. Sunnyview has lost an average of a million dollars a year over the past several years. 
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