News Headlines Article

Tulare hospital enjoying rosier financial outlook
The Business Journal

After years of financial struggles and legal woes, the prognosis for Tulare Regional Medical Center (TRMC) appears to be improving.

The hospital, which is now managed by HealthCare Conglomerate Associates (HCCA), reported a net profit at the end of last year after months of red ink, saw its Fitch credit rating change from “negative” to “stable” and had its “going concern” removed by an auditing team last fall.