News Headlines Article

Tulare Regional Medical Center reaches financial health
Visialia Times-Delta

Tulare Regional Medical Center has improved its financial standing under the administration of Healthcare Conglomerate Associates.

At the closing for the 2014-2015 fiscal year, the hospital has improved the number of days of cash on hand, its net position and recorded 14 straight months of profit margin, according to Benny Benzeevi, president of HCA.

HCCA began administering the hospital on Jan. 10, 2014. At that time, the hospital had less than 30 days of cash on hand. Now at 98 days on hand, which is the amount of days the hospital could remain open if all revenue stopped, Tulare Regional has the highest number of such days in five years.

Commands