Providence Slated To Take Over Movie Fund Hospital, Nursing Home
On Wednesday, the Motion Picture and Television Fund announced that Providence Health and Services has reached a tentative agreement to take over MPTF's hospital and skilled nursing home, the Los Angeles Daily News reports.
MPTF's hospital and nursing home -- which has served individuals in the entertainment industry -- previously was slated to close because of an expected $10 million annual budget shortfall.
Details of the Agreement
The tentative agreement calls for MPTF's hospital and nursing home to:
- Remain open;
- Add more medical services; and
- Treat more patients from the general public (Abram, Los Angeles Daily News, 2/23).
Under the terms of the deal, Providence would sign a long-term lease to manage the facilities and take on financial responsibility for their operations. The state license for the MPTF hospital would be transferred to Providence Tarzana Medical Center.
In addition, the fund announced that UCLA Health System would operate a new neurological rehabilitation unit at the MPTF hospital.
The final agreement is subject to approval by MPTF's board and state regulators (Verrier, Los Angeles Times, 2/24).
On Wednesday, KPCC's "KPCC News" reported on the tentative agreement between MPTF and Providence (Devall, "KPCC News," KPCC, 2/23).This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.