Becker’s Hospital Review recently identified the CEO at Tri-City Medical Center in Oceanside, California, Larry B. Anderson, as an important person to know, chosen from three hundred hospital and healthcare executives across the country.
The all-star, senior manager lineup distinguished people who have demonstrated exceptional commitment to the advancement of “healthcare delivery” and showed excellent commitment and ability in the American medicine and healthcare scene.
Mr. Anderson started working at Tri-City Medical Center in 2009. After two years, he took the medical facility out of the red and proved it be an innovate San Diego County hospital recognized for providing robotic and minimally-invasive surgery.
The three-hundred-and-ninety-seven-bed medical facility holds a yearly spending budget of four-hundred million dollars and commissions more than two thousand men and women to provide healthcare services for Northern San Diegans.
During Anderson’s tenancy, the CEO managed to refinance Tri-City’s high-interest premium debt, a maneuver which spared the medical facility millions of dollars and enabled it to generate $16.2 million dollars in earnings for the twelve-month period ending in the second quarter of 2011. He additionally earned a seismic compliance release until 2030 from state regulators.
After recognizing Anderson’s initiatives, Becker’s Hospital Review identified Tri-City Medical Center as one of the best working environments in America. The medical facility also came in fifth-place in the nation for minimizing thirty-day readmissions for individuals who experienced cardiac arrest.
The San Diego Business Journal later recognized Anderson in appreciation of his role in managing Tri-City Medical Center’s impressive economic and business recovery; in 2011 the CEO was the beneficiary of the “Champion Award” for his prestige leadership and managing skills as well. Lastly, the Carlsbad Chamber identified the successful Tri-City executive as 2012’s most-outstanding Businessperson.
Anderson believes that Tri-City Medical Center will soon be in the country’s top-ten percentile of quality healthcare facilities because of its dedication in providing the finest treatments to patients, collaboration throughout the medical industry, and devotion to investing in cutting-edge technologies.
From Becker’s Hospital Review’s noted directors mentioned above, twenty-one were from California and several of them from Northern San Diego. Other executives in the lineup, alongside Mr. Anderson, included Chris Van Gorder, President and CEO of Scripps Health; Richard K. Rothberger, Corporate EVP and CFO of Scripps Health; and Paul S. Viviano, CEO of the University of California Health System.
We are all honored at Tri-City Medical Center in being mentioned by Becker’s Hospital Review among the “100 Great Hospitals In America.” According to Becker’s, this prestigious honor is given “to organizations who continually improve upon themselves and are innovators for medical treatments, research, technology and care delivery. These hospitals are home to medical breakthroughs and act as anchors of health within their respective communities.”
This list was developed by thorough research, accepting nominations and referencing highly reputable sources such as U.S News & World Report among other notable organizations.
Tri-City Medical Center is the only hospital in North County to receive this recognition, and one of only three in the county of San Diego. The other two being Scripps – Green and UCSD, and one of nine in the state of California with such notables as:
Cedars-Sinai Medical center (Los Angeles) Hoag Memorial Hospital Presbyterian (Newport Beach) John Muir Medical Center (Walnut Creek) Ronald Reagan UCLA (Los Angeles) Stanford Hospital & Clinics (Palo Alto) UC San Francisco Medical Center
On Feb. 1, I had the honor of presenting NICU Manager Nancy Myers with a plaque acknowledging Tri-City Medical Center’s Modern Healthcare Spirit of Excellence Award for Patient Safety for developing Code Caleb, a new hospital code for babies under 60 days old. Myers led the team of NICU and ER staff that wrote Code Caleb, named for Caleb Peltier, who was saved two years ago.
Tri-City Medical Center opened its doors in 1961. Immediately, a growing need for medical services was observed, and the hospital underwent rapid development during the 1970s. During this time, a 56-bed north wing, a 42-bed maternity unit, a cardiopulmonary lab, helipad, and more were built. Then, in the 1980s, the hospital began offering mental health, dialysis, and cardiac rehabilitation services.
Today, Tri-City Medical Center serves the Oceanside, Carlsbad, and Vista communities and has more than 500 doctors and a total staff of 2,300. It has earned numerous awards and distinctions. For example, it was the first hospital in San Diego County to develop a nationally accredited Chest Pain Center, and it earned two Gold Seals of Approval for Primary Stroke Care from the Joint Commission on Accreditation of Hospitals.
About the Author: Larry B. Anderson took on the position of Chief Executive Officer at Tri-City Medical Center in 2009, and the Carlsbad Chamber of Commerce named him Business Person of the Year in 2012.
Since taking over as CEO of Tri-City Medical Center, Larry B. Anderson has increased the medical facility’s productivity while reducing overall operating cost.
Q. At the outset, what were the primary challenges you faced?
A. A lack of financial gain. I joined Tri-City Medical Center in January of 2009, and the facility lost $1.5 million in that month alone.
Q. What techniques did you use to combat these challenges?
A. I focused on refinancing to lower the hospital’s interest rates, from approximately 17.5 percent to an aggregate 5 percent. My staff and I also endeavored to boost the services offered by Tri-City Medical Center, obtaining certifications that set us apart. For example, Tri-City obtained Pulmonary Rehabilitation Center and Chest Pain Center status.
Q. Tri-City Medical Center began reporting profits again in July, 2010, correct?
A. Yes, and it earned $15.2 million over the 2011 fiscal year. Further, the hospital generated a free cash flow of $32.5 million in 2011. None of this would have been possible if not for the dedication of the hospital staff. Together, our 2,300 employees are making Tri-City Medical Center one of the best hospitals in California.
In 2009, as CEO of Oceanside, California’s Tri-City Medical Center, I oversaw the certification of our Pulmonary Rehabilitation Center by the American Association of Cardiovascular and Pulmonary Rehabilitation (AACVPR).
Since then, Tri-City Medical Center has offered top-quality care to patients with pulmonary issues. Patients who tend to benefit from Pulmonary Rehabilitation include those with cystic fibrosis, sarcoidosis, COPD, idiopathic pulmonary fibrosis, and lung cancer, among other conditions.
Pulmonary rehabilitation acts as a complement to medical care for lung conditions and provides patients with multiple benefits:
1. Education on managing an ongoing lung condition.
2. Techniques for living with a lung condition.
3. Counseling to help improve and maintain quality of life for those who have experienced lung complications.
Our Pulmonary Rehabilitation Center is unique in San Diego County. We are proud of our AACVPR certification, which sends a clear message to physicians, insurers, patients, and others that our facility provides quality treatment, coordination, and implementation of care.
About the Author:
Under direction from Larry B. Anderson, Tri-City Medical Center also earned certification for its Chest Pain Center, won a nod for being among the nation’s 100 Great Places to Work in Healthcare, and received the American Heart Association’s Gold-Plus certification for its Primary Stroke Center. Mr. Anderson also brought the medical center to profitability in his first two years as CEO.