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Santa Clara Valley Health leaders report Regional Medical Center acquisition is stabilizing services but HR 1 threatens revenue
Summary
Health system leaders told the committee that average daily census and surgical volume at Regional Medical Center (RMC) rose in September and that operational integration has produced favorable financial performance; they warned, however, that HR 1 and federal budget uncertainty could force difficult choices despite recent gains.
Santa Clara Valley Health System leaders told the Health and Hospital Committee on Oct. 13 that the acquisition and integration of Regional Medical Center (RMC) has improved access and financial performance, while federal budget proposals create a major downside risk.
Paul Lawrence, chief executive of Valley Health System, reported that RMC’s average daily census grew 7 percent month‑over‑month in September to 178 patients and that surgical case volume rose 22 percent over the same period. He said growth in charges reached about $170 million for September and that the acquisition has required no…
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