News Headlines Article

Audit gives KVHD clean bill of health
Kern Valley Sun

The Feb. 1 Kern Valley Healthcare District board of trustees meeting began with Rick Jackson, of the hospital audit firm TCA Partners, providing an overview of the 2011 audited financial statement. Jackson reviewed the Managements Discussion Analysis, which preceded the financial statement. Jackson reported that Medi-Cal skilled nursing reimbursement rates, which are currently on hold, have caused great concern. He further added, “I will let you know that this has caused a lot of fear in hospitals like yours. Many have disclosed that if the federal government was going to go ahead with this rate change, a lot of them were going to be forced out of business.”