News Headlines Article

Kern County drops loan cap to Kern Medical Center
Bakersfield Californian

The balance on Kern Medical Center’s loan from the Kern County general fund dropped to a dramatic low of $8.1 million in June.

The loan keeps the hospital running through the dramatic see-saw of the KMC’s volatile billing cycle.

Two years ago the county-owned hospital owed Kern’s general fund more than $100 million.

Now the balance is one-tenth of that.

Don’t expect the number to remain that low. KMC’s management team certainly doesn’t.