Recently, there have been discussions about a joint power agreement between Tri-City Healthcare District in Oceanside, Calif., and UC San Diego Health. The agreement, initially expected to be completed by the end of March, would give UC San Diego Health administrative, clinical, and operational management authority over all of Tri-City’s healthcare services. However, as reported by The San Diego Union-Tribune on April 21, plans for the agreement are still in progress.
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. Additional information on the progress of the joint power agreement is expected as more updates become available.
Tri-City has been working closely with UC San Diego Health to ensure financial stability. In recent times, Tri-City experienced positive margins for the first time in around two years at the beginning of 2024. To validate that they were meeting all targets and forecasts, UC San Diego Health conducted a thorough analysis of Tri-City’s financials.
UC San Diego Health CEO Patricia Maysent expressed strong commitment to getting the joint power agreement done despite acknowledging the challenges faced by Tri-City due to the pandemic and a cyberattack in November. She has been working closely with Tri-City to ensure that their healthcare services are stable and secure.