The Tri-City Healthcare District in Oceanside, Calif., and UC San Diego Health are still working on a joint power agreement that was initially expected to be completed by the end of March. Under the agreement, UC San Diego Health would have administrative, clinical, and operational management authority over all of Tri-City’s healthcare services.
In October, Tri-City selected UC San Diego Health as a partner for the agreement, with an initial plan that involved UC San Diego Health assuming Tri-City’s debts. Despite ongoing challenges and delays in finalizing the agreement, both organizations remain committed to stabilizing healthcare services in the area.
Tri-City recently experienced positive margins for the first time in around two years at the beginning of 2024. To ensure financial stability, Tri-City has been working closely with UC San Diego Health to validate their financials and meet all targets and forecasts.
UC San Diego Health CEO Patricia Maysent expressed strong commitment to getting the joint power agreement done, acknowledging the challenges faced by Tri-City due to the pandemic and a cyberattack in November. Additional information on the progress of the joint power agreement is expected as more updates become available.