Shuttered California hospital seeks investors to reopen

Ayla Ellison (Twitter) - Print  | 

Tulare (Calif.) Regional Medical Center has been closed since Oct. 29, but the hospital's new management team has a positive outlook for the future after terminating Tulare-based HealthCare Conglomerate Associates' contract to manage to the hospital.

Since ousting HCCA, more than 500 people have applied for jobs at the shuttered hospital while management works to secure funds to reopen the facility, according to KFSN.

"We're not going to hire people to start if we don't have the money to start," Tulare Regional Medical Center Interim CEO Larry Blitz told KFSN. "We will have the money to start, it's just a question of when and as soon as possible."

The hospital's management team is planning to present the facility's budget to potential investors soon. The hospital can begin hiring as soon as investors are secured, according to the report.

Tulare Regional Medical Center isn't the only California hospital working through a dispute with HCCA. The Southern Inyo Healthcare District, which owns Southern Inyo Hospital in Lone Pine, Calif., is also ousting HCCA as its management company. The hospital filed a motion in bankruptcy court seeking to reject its contract with HCCA. Before the hearing on the motion, HCCA agreed not to dispute the rejection of the contract as long as Southern Inyo Hospital withdrew allegations of financial malfeasance against HCCA, according to the Valley Voice.

More articles on healthcare finance:

Colorado hospital charged $1,877 to pierce a child's ears
Trinity Health's operating income nearly doubles in most recent quarter
California hospital aims to reopen after ousting management company


Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.