Highly regulated, highly fragmented, and uniquely nuanced, hospitals, as a group, can be surprisingly difficult to define. For the appraiser tasked with determining a value to any one of the nearly 6,000 hospitals in the U.S., these and other challenges can greatly impair the valuation process, throwing a defensibility of any valuation conclusion into doubt. In part 2 of BVR's 2012 Online Symposium on Healthcare Valuation, BVR welcomes experts Don Barbo and Robert Mundy for The Valuation of Hospitals. Through their 100-minute presentation, Barbo and Mundy will examine the valuation drivers, challenges, and nuances of hospitals while also examining the state of the industry and how its continued evolution will affect appraisers.