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Tri-City takes baby steps toward financial stability but hurdles remain
Modern Healthcare

As Tri-City Medical Center appoints its third CEO in as many years, its most recent earnings report shows a hospital taking steps toward a financial turnaround but still operating with razor-thin margins.

Tri-City parted ways with CEO Tim Moran last week and installed Steve Dietlin, its chief financial officer, in the role. The reasons for Moran’s termination are unclear but come just weeks after a news release praised him for helping to improve the hospital’s financial performance and quality rating.