Tulare (Calif.) Regional Medical Center is on track to reopen in October under new management after the board and a bankruptcy judge provided several key approvals this week, the Visalia Times-Delta reports.
Here are six things to know:
1. The Tulare Regional Medical Center board of directors approved an agreement Aug. 1 under which Roseville, Calif.-based Adventist Health will lease Tulare Regional and other associated facilities for five years, with five additional five-year renewals, for a total of 30 years, the report states.
2. The approval sets up the public hospital's likely reopening for Oct. 15, two weeks short of a year since the hospital closed. Adventist Health will manage the facility once it opens through Jan. 1, on behalf of the board. Officials will conduct a study to determine how much Adventist Health will pay Tulare Regional's board to lease the hospital.
3. Adventist will also lend Tulare Regional $10 million to be used toward hiring and paying staff, financing projects, supply-related costs, and consulting and legal bills.
4. A bankruptcy judge on Aug. 2 also provided a key approval by accepting Adventist Health's plan to reopen the hospital.
5. For the plan to go into effect, Tulare residents must approve the terms of Adventist's contract, which will be placed on the region's November ballot. The board is expected to meet next week to consider approving a resolution for the November election, the report states.
6. Tulare Regional declared bankruptcy and closed in October 2017. Officials' plan to reopen the facility in October would meet the hospital's deadline to reopen before its one-year temporary license suspension expires in October.
To access the full report, click here.