OCEANSIDE: Tri-City anticipates budget surplus

By CRAIG TENBROECK - Staff Writer | Friday, June 13, 2008 12:03 AM PDT

OCEANSIDE ---- The Tri-City Healthcare District administrators said Thursday that they expect to end this fiscal year on June 30 with an $11.1 million surplus and continue operating in the black through fiscal 2008-09.

Those rosy projections put smiles on the faces of the district's directors, who got an early look Thursday at a proposed $319.1 million operating budget for the fiscal year that begins July 1.

That spending plan anticipates operating revenues will climb 8.3 percent from the current fiscal year, to $319.1 million, said Robert Wardwell, the health care district's chief financial officer. Expenses are expected to climb 9 percent, to $312.7 million.

Taking into account a projected $3.2 million in interest income, the district should end with a $9.6 million surplus next summer, Wardwell said.

"This is improved financial performance for us, compared to recent history," Wardwell said.

That's not to say there won't be challenges, he said.

San Diego County still has a high number of uninsured, and a shortage of nurses in California is likely to increase district costs, he said.

In the next fiscal year, the district will have to pay $11 million more for employee salaries and benefits, the budget states.

Tri-City also plans to make a significant investment in its new Carlsbad Wellness Center, which it won't immediately recoup, Wardwell said.

That complex in east Carlsbad is slated to open in November.

"Anytime you're starting up a project, it's going to be costly in the first year because you can't instantly fill it and have the revenue coming in to offset the expenses, " Wardwell said.

Tri-City operates Tri-City Medical Center on Vista Way in Oceanside. It primarily serves residents of Oceanside, Vista, Carlsbad and some adjacent areas.

Even with strong population growth in that region, the district expects to see its patient volume remain flat because of a gradual shift toward outpatient services and the recent change in ownership of Mission Park Medical Group, one of Tri-City's large primary care groups, a district report states.

Dr. Art Gonzalez, the district's chief executive officer, cautioned that the projected surpluses could appear deceptively large.

"Some people in the public, they might ... think that's an awful lot of money --- and at an individual level, certainly, that would be ---- but at an institutional level, that's a very small percentage," Gonzalez said.

The board is expected to approve the budget at its regular meeting June 26.

Contact staff writer Craig TenBroeck at (760) 901-4062 or ctenbroeck@nctimes.com.

Next
Bookmark and Share

Advertisement

Pre-Registration Comments[-]Go to Top

BlahBlahBlah.. wrote on Jun 13, 2008 7:11 AM:This is just another "Media Excuse" for the upcoming bond. Do not read into this any further than your pocketbook...

Floyd wrote on Jun 13, 2008 8:45 AM:Hooray for Tri City Medical Center! You can use that $11 million to start your seismic retrofits, or lower your prices, or both.

Umm.. wrote on Jun 13, 2008 8:50 AM:Okay, don't spend it all on just one administrator now..

To BlahBlahBlah.. wrote on Jun 13, 2008 9:29 AM:You're a genius! You've seen through the ruse. After all, who needs more money than the ones who have too much of it already?

from the back gate wrote on Jun 13, 2008 11:24 AM:this note is to blahblahblah, umm and floyd. please dont get sick and please dont come to our hosp in case of emergency. If you do, please pay at the window instead of getting it free with most of you probably do.

Please wrote on Jun 13, 2008 11:39 AM:An $11,100,000 surplus???!!! Now can you PLEASE stop working your staff to death and allow us safe staffing levels so we can give SAFE patient care. We would like to also be able to take bathroom breaks! Thank you.

Steve wrote on Jun 13, 2008 2:03 PM:To BlahBlahBlah, Floyd and Umm,
You are living proof that ignorance is alive and well in North County.

Randy wrote on Jun 13, 2008 2:29 PM:To Please: Everyone is in favor of patient safety, but you are pushing the envelope when you DEMAND bathroom breaks. Back off!

paul wrote on Jun 13, 2008 2:53 PM:For doing such a great job I say give the CEO an 11 million dollar bonus. Or maybe the board of directors can split it up among themselves. That's about their mentally.

from the back gate wrote on Jun 13, 2008 3:00 PM:To Please, I believe that staffing is dictated by the state and the last time i heard, Tri-City was in compliance with that most of the time. If you are complaining about nurse aids, houskeeping and the sort, maybe we dont have enough of them because of the huge pay raises you got so you can pay union dues. They sure do drive nice cars. To Randy, if you spent more time observing normal day to day ops at the hosp, you might be more enlightened and capable of stating more intelligent comments.

Please wrote on Jun 13, 2008 3:49 PM:To back gate: The state mandates nurse:patient ratios. Those are minimum safety standards, but you can "believe" what you want. I "know" that there is a difference between numbers and acuity. Staffing according to minimum safety standards "most of the time" is not good enough. Especially if TriCity is striving for the excellence in care it claims to provide.

Floyd wrote on Jun 13, 2008 3:54 PM:Just because the hospital is in compliance with State-mandated minimums doesn't mean the staffing level is adequate. If the hospital's goal is regulatory compliance instead of patient care, it deserves to be shut down.

To the back gate wrote on Jun 13, 2008 5:28 PM:I think reading and actually comprehending the article would be the first requirement to writing more "intelligent comments". The hospital is ending the year with an $11 million surplus. That's $11,000,000 to spare even accounting for the "huge" pay raises you cite.

Oh brother wrote on Jun 13, 2008 10:02 PM:Oh goodie...another reason to give Artie a big raise while the community is not being served. Isn't this a community, non-profit hospital? What is supposed to happen to this money is it isn't put back into the community????? NO ON BONDS for this hopsital!!!

I say great job wrote on Jun 14, 2008 8:47 AM:I say we should all applaud the hospital for showing a profit and operating our hospital with good finical responsibility. Their new 64 slice CT scanner project cost over 2.5 million dollars. If you go to the hospital you will receive state of art care because of this system. They are now installing a new state of art cardiac cath lab. That project cost over 3 million dollars. If you need cardiac care you are where you need to be. Those two project are a very small sample of what this hospital is doing. The profit they have generated allows them to continue to add to their advance technology and clinical expertise for us the members of the community. I say we give the hospital staff and doctors a big Thank you! for caring of our healthcare needs and appreciate what a value this facility provides to our community.

Christi wrote on Jun 26, 2008 9:17 AM:I have worked at TCMC for many years and though some of us may not agree with some of the decisions this administration makes we are here to provide care to patients who are sick and in need of that care. I emplore everyone to remember the October fires..... it came to a point that Tri-City was the only hospital able to recieve patients for any type of care. Some of the outlying hospitals were closed and were forced to evacuate patients. If Tri-City weren't here to accept those patients that were in need of medical care where do you think they were going to go to get that care. For those residents that live in Oceanside, Carlsbad and Vista if Tri-City closes are you prepared to spend 45 minutes to 1 hour to reach your nearest hospital. Can you hold off on having a stroke, a heart attack, going into labor ..... until you can get through the traffic on the 78 to get to Palomar or how about the traffic on the 5 south to get to Scripps or Sharp. That is what needs to be thought about. Some complain about property taxes and how you have to pay them, we all have to pay them regardless of owning your home or renting. The tax cost effects us all, it's a small price to pay for your health and to save your life. Please don't look at the bond as a negative thing, it should be positive. We want our patients, their families and visitors to feel comfortable and safe and know that the care they are recieving is wonderful great care and that they are being treated by some of the best medical technology that is available. Again my health and the health of my family is worth it..........Isn't yours?

TCMC ER Staff Member wrote on Jul 21, 2008 9:54 PM:Thank you, Christi, for so clearly stating what so many of us who are involved in patient care at Tri-City firmly believe.

I hope that the voters think clearly about the long-term ramifications of their vote on this issue.

Virtually every voter who submits a ballot is certain to be affected by the outcome, either directly or indirectly, at some point in the future.

Registered Comments[-]Go to Top

Advertisement

Videos

Advertisement