Currently recent figures are showing 55% of US hospitals are operating in the red, so additional fines don’t help matters much but errors do need to be addressed. The hospital mentioned here from the post at HealthLeaders Media, is also in the process of suing Citigroup as well, obviously financial woes are right up there with top concerns.
Tri-City Medical Center Suing Citigroup – Alleging Banking Misled Hospital Executives with Investments
The hospital is not balking over the fact that they were fined, but again we enter into combined areas of interest when money issues are at hand and the hospital did negotiate reduced fines in this case. BD
However, the CEO of Tri-City Medical Center, a 397-bed facility in San Diego County, did discuss its more than $130,000 in fines. CEO Larry Anderson explains that when he took over in January 2009, "it became apparent to me that there were matters that should have been reported that had not been. With an abundance of caution, I decided to self-report either that was reportable or questionably reportable." He says he notified the state about three of the incidents that had each occurred nearly a year earlier.
He says he thought that because Tri-City was self-reporting these mistakes, "the state would work with us, which they eventually did to some extent."
But the amounts added up. "When you have something you hadn't reported for a year, that adds up quickly," he says. For those three penalties, the fine came in at $43,800, $46,000 and $32,700. Another two mistakes that weren't promptly reported were discovered by state officials, and amounted to fines of $1,300 and $7,000.
Hospitals Fined More than $1M For Failure to Report Adverse Events
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