Troubled Calif. Hospital Seeks Regional Partner

Mayers Memorial Hospital District, in Fall River Mills, Calif., has suspended a search for a new CEO in favor of looking for a partner to help turn around its sinking finances, according to a report in the Record Searchlight.

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Board President Mike Kerns said a regional partner would likely provide a CEO, according to the report. In February, the hospital’s CEO, Katherine Ann Campbell, agreed to a severance package that would last for 14 months, but no replacement has been found.

The hospital faced a $699,000 shortfall in Dec. 2009 and is in default on $6 million in bonds administered by Cal-Mortgage. One potential partner is Renown Health, a three-hospital system with facilities in Nevada, Lake Tahoe and northeastern California. So far, Catholic Healthcare West has declined a partnership with Mayers Memorial, and Prime Healthcare Services, a for-profit company, said it might be interested if the district solves the bond default issue, according to the report.

Read the Record Searchlight report on Mayers Memorial Hospital District.

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