Oceanside, CA – In response to evolving market dynamics and the growing challenges faced by independent hospitals, the Tri-City Healthcare District Board of Directors in 2023 authorized a formal process to explore potential affiliations with regional health systems. The Board outlined a series of strategic objectives and goals to guide this process, including:
- Ensuring long-term sustainability of the District
- Expanding access to primary and specialty care locally
- Securing capital and infrastructure investment to enhance services
- Achieving economies of scale to reduce costs and improve community value
- Broadening access to specialty care and improving care coordination
- Restoring advanced specialty services, such as women’s and newborn care
- Continuously enhancing quality and health outcomes
- Investing in next-generation technologies and innovation
- Meeting community needs by providing best-in-class care close to home
UC San Diego Health was initially selected as a potential long-term partner. However, following an extensive due diligence process and shared goals, the parties were unable to reach a consensus on definitive terms.
The District subsequently engaged Juniper Advisory, a nationally recognized investment banking firm specializing in not-for-profit healthcare mergers and acquisitions, to conduct a national search for a strategic partner. The process, guided by Juniper’s proven methodologies, includes three key phases:
- Situational Assessment – A thorough review of regional and national healthcare markets, coupled with stakeholder engagement involving community members, employees, medical staff, labor unions, elected officials, and management.
- Partner Input – Distribution of a detailed information memorandum to potential partners, supported by a secure data room and instruction letters to facilitate a transparent, competitive evaluation process.
- Transaction Phase – Finalist health systems have submitted Phase II proposals detailing their vision and partnership terms. These proposals will be reviewed by the Board of Directors to determine which partner best meets the District’s strategic objectives.
The District has now officially entered the Transaction Phase, with Phase II finalist proposals scheduled to be presented at a public Board of Directors meeting on May 29, 2025.
Public Meeting Invitation
Date: Wednesday, May 29, 2025
Time: 3:30 PM
Location: Tri-City Medical Center, Assembly Rooms
Address: 4002 Vista Way, Oceanside, CA
https://us02web.zoom.us/j/82224612168?pwd=K0UhEmk2mqsjBQQQFZyT1HAbl93dbn.1
Meeting ID: 822 2461 2168
Passcode: 059402
This meeting provides an opportunity for Board members and community stakeholders to hear directly from the finalist organizations and understand their proposed partnership visions. Following the presentations, the Board may request additional information or proceed with selecting a single finalist to move forward with a Letter of Intent.
About Tri-City Healthcare District:
The Tri-City Healthcare District is committed to providing high-quality, accessible healthcare services to the North County community. Through strategic partnerships and innovation, the District seeks to ensure that residents continue to receive exceptional care close to home.
Media Contact:
Jennifer Paroly
Director of Marketing
760-940-3370
