As Tri-City Gets New CEO, Earnings Report Shows Hopeful Financial Signs
The medical center has appointed its chief financial officer to the role of CEO after parting ways with Tim Moran.
Modern Healthcare:
California's Tri-City Medical Reverses Operating Loss
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, in Oceanside, Calif., parted ways with CEO Tim Moran this month 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. (Kutscher, 3/26)