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Kern Health Systems to share excess reserves

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Updated: 6/12/2012 11:52 am
Kern Health Systems' new CEO Doug Hayward went before the Board of Supervisors yesterday to go on the record to say they will be sharing the wealth.

The KHS Board of Directors has voted to distribute nearly 25 million dollars in excess reserves to three local safety net medical providers.

The largest cut of that is 13 million dollars for Kern Medical Center.

KHS, a Medi-Cal-funded local health initiative with more than 70 million dollars in reserves, will also share some 12 million dollars with Clinica Sierra Vista and National Health Systems.
 
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The views expressed here do not necessarily represent those of KGET TV 17 - In the Spirit of the Golden Empire

Oldfart - 6/13/2012 9:44 AM
4 Votes
Welfare has excess money but medicare which is the working class health care we have paid into all our lives is always broke? Now isn't all of isn't all of this free crap paid for by us working class? So why isn't our health care in our old age taken care? Everytime I turn around they are asking me for more money when I go to the doctor and I am on medicare and pay extra for insurance. Something is very wrong with this system!

murph56 - 6/13/2012 6:23 AM
2 Votes
Same old story the welfare programs are always over funded while all the tax payer service go undone. How about fixing the roads for starts? The tax payers are done with giving all their money to the deadbeats so they can live better than them!!!!!!!!!!!!!!!!!!!

Paranah - 6/12/2012 3:47 PM
4 Votes
Medical funded? Why not say it's money payed by taxpayers? Looks like a tax payer funded health group is being over funded if they have a $70 million excess to give to others.

RVLADY - 6/12/2012 2:11 PM
4 Votes
Will go for all welfare people not us tax payers
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