Hoping to seize a bigger market share...

Hoping to seize a bigger market share in fast-growing Anaheim Hills, Anaheim Memorial Hospital has signed a contract to pay $4 million for 6.2 acres of land on which it plans to build an outpatient satellite facility. Robert M. Sloane, president and chief executive officer of the 240-bed hospital, said the hospital has entered escrow to buy the property from Santa Ana-based Hutton Development Corp. The property is about 12 miles from the nonprofit community hospital. Sloane said he plans to construct a 75,000-square-foot building that will contain medical offices, an outpatient surgical center, a diagnostic imaging center and an urgent-care facility. In addition, he said, the building will offer a satellite admission facility where paper work can be processed before transporting patients to the hospital by shuttle.