The San Diego Union-Tribune recently reported that plans for a joint power agreement between Tri-City Healthcare District in Oceanside, Calif., and UC San Diego Health are still in progress. Initially expected to be completed by the end of March, the agreement would give UC San Diego Health 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 dedicated to stabilizing healthcare services in the area.
Tri-City has been working closely with UC San Diego Health to ensure financial stability. Recently, Tri-City experienced positive margins for the first time in around two years at the beginning of 2024. UC San Diego Health conducted a thorough analysis of Tri-City’s financials to validate that they were meeting 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. Despite these challenges, both organizations remain committed to providing quality healthcare services to patients in the area.