News Headlines Article

KMC’s red ink makes supervisors nervous
Bakersfield Californian

Kern County supervisors expressed their growing concern with Kern Medical Center’s wobbling financial situation Monday. They focused on two areas of concern: the fact that the county-owned hospital’s budget dropped into red ink in January and KMC’s rising debt to the county’s general fund. Kern Medical Center Chief Financial Officer Fred Plane told supervisors he expects the hospital’s budget to make it back to a break-even or slightly profitable point by June 30 — the end of the county’s fiscal year.