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Tri-City Regional Medical Center Signs Long-Term Lease, Ensuring Hospital’s Future Through 2025

Lease Agreement Key to “On the Road to the Future” Expansion and Technology Investment Program.


HAWAIIAN GARDENS – To secure its future of serving the community with high quality medical and surgical care, Tri-City Regional Medical Center has announced it has signed a long-term lease to operate the not-for-profit community hospital, the only one in the area, through 2025.

Besides anchoring the hospital, the extended lease agreement also includes space occupied by the hospital in the adjacent medical office buildings and in a nearby business office building.

“Securing this long-term lease agreement was the centerpiece of our ‘On the Road to the Future’ expansion and upgrade program,” said Jim Sherman, CEO of Tri-City Regional Medical Center. “We have invested millions in new technology and upgrades throughout the hospital, including the recent acquisition of the state-of-the-art da Vinci Surgical Robot – the only one in our area,” he said.     Sherman said with new health care reform set to launch within a few months, the hospital is well positioned to continue its commitment to ensuring high quality patient care to the citizens of our community, including Hawaiian Gardens, Lakewood, Cerritos and Long Beach. “We expect to play a key role in our community as health care reform is implemented in Los Angeles County,” added Sherman.

Sherman also said that the hospital, as part of its expansion program, has invested millions of dollars in a new Electronic Health Record program – called “TConnect” — that will automate, digitize and manage the hospital’s data, providing a wide range of benefits for physicians, patients and staff.  “Going paperless is the future of health care because it improves efficiencies and quality of care for all involved,” he said.

The hospital purchased the multi-million dollar Siemens Soarian System, which will bring computers bedside for nurses as well as digitize all patient medical records, enabling both patients and physicians to use real-time information to make smarter and timely health care decisions.  Sherman said the electronic health record system will be operational by June of this year.

In addition, the hospital has remodeled patient rooms, and many common spaces and patient care areas — including the Emergency Department.

“Through these investments and upgrades, we have taken proactive steps to greatly improve the quality of care we provide to our community,” Sherman stressed.  “We look forward to providing care for generations to come.”

In 2012, the hospital was recognized by Consumer Reports Magazine as one of the top 5 safest hospitals in Los Angeles County and by Becker’s Hospital Review as one of the nation’s leading hospitals on mortality data related to quality care.

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