IE Business Daily Business news for the Inland Empire.
A private hospital consulting firm could be paid close to $2 million for helping to keep Riverside County Regional Medical Center profitable.
The county Board of Supervisors approved two contracts Tuesday with Huron Healthcare that could keep that company on the county’s payroll until at least 2017, according to a report in The Press-Enterprise.
Both contracts can be renewed annually.
Last year, Chicago-based Huron Healthcare signed a $26 million contract with the county to repair the finances at Riverside County Regional in Moreno Valley, which is owned by the county.
The medical center ended its last fiscal year with a negative balance of $40.9 million and was losing an estimated $1 million a week. Officials with Riverside County Regional’s have blamed the facility’s fiscal problems on several factors, including a lack of support from the county and the stare’s seizure of federal funds for patient care, according to the report.
Historically, Riverside County Regional has provided medical care for the county’s indigent population and is required to provide treatment regardless of a person’s ability to pay.
