Tri-City Healthcare District and UC San Diego Health Close in on Joint Power Agreement Amid Challenges
Tri-City Healthcare District in Oceanside, Calif., and UC San Diego Health are still working on plans for a joint power agreement. The agreement, initially expected to be completed by the end of March, would give UC San Diego Health administrative, clinical, and operational management authority over all of Tri-City’s healthcare services.
In October, Tri-City selected UC San Diego Health as a partner for the agreement, with an initial plan that involved UC San Diego Health assuming Tri-City’s debts. Despite ongoing challenges and delays in finalizing the agreement, both organizations remain committed to stabilizing healthcare services in the area.
Tri-City recently experienced positive margins for the first time in around two years at the beginning of 2024. UC San Diego Health conducted a thorough analysis of Tri-City’s financials to validate that they were meeting all targets and forecasts. The analysis helped Tri-City ensure financial stability and maintain its operations during challenging times.
UC San Diego Health CEO Patricia Maysent expressed strong commitment to getting the joint power agreement done, acknowledging the challenges faced by Tri-City due to the pandemic and a cyberattack in November. Both organizations are working closely together to address these challenges and ensure that healthcare services remain accessible and affordable for patients in the area.