Tulare Regional’s board will move forward with selecting the right partner after the hospital’s value is determined, according to the report. Last month, the board approved a $37,000 contract to Torrance, Calif.-based consulting firm Medical Development Specialists, which is determining the hospital’s fair market value. The value determination should be complete by the end of November, according to the report.
The hospital began its search for a lease or affiliation partner in September. Officials said Tulare Regional is suffering from patient leakage to Kaweah Delta Health Care District, a 581-bed public hospital system in Visalia, Calif.
More Articles on Hospital Partnerships:
Tulare Regional Medical Center Begins Partnership Search
Gulf Coast Medical Center, Doctors Memorial Hospital Affiliate
Catholic-Secular Hospital Mergers Cause a Stir in Washington State
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
