As pioneers in technology for the healthcare industry the KPC Group healthcare division, KPC Health, has successfully established a group of integrated healthcare delivery systems consisting of acute care hospitals, Independent Physicians Associations (IPAs), medical groups, urgent care facilities, and various fully integrated multi-specialty medical facilities throughout the western United States.
KPC wants to help you develop the ability to understand and utilize numerous healthy choices to improve your life in various settings.
All physicians, nurses and hospital staff are calm, professional and knowledgeable; they will bring ample expertise and provide personalized care.
KPC Health treats each patient individually, approaching care through a case-by-case basis with no generalized terms.
Promoting the family unit is the core of all KPC Health messaging. By providing quality healthcare, we ensure the entire family is healthy and happy.
…A purchase would resolve the fate — at least in the short-term — of the 164-year-old facility, which closed its doors in January. St. Vincent’s owner, Verity Health, is currently in bankruptcy. KPC Group was in talks to buy St. Vincent and three other properties from Verity last year, but that deal fell through.
The number of confirmed novel coronavirus cases in Riverside County jumped 15% to 493 on Thursday, April 2. Fourteen in the county have died from COVID-19, up one from Wednesday. The latest death was in Eastvale, according to the county public health website. Fifty have recovered from the virus, up from 30 the day before. That means they have completed the quarantine period and no longer have symptoms. The county recorded 429 cases entering Thursday.
Riverside County’s first private drive-thru testing center for COVID-19 opened in Hemet on Tuesday.
The testing site, which is operated by Hemet Global Medical Center, will be available to referred patients, those experiencing severe symptoms or elderly patients, who considered most at risk for the virus.
For those in the Hemet or San Jacinto area, other public testing sites across the Inland Empire may be too far to travel to, which is why officials opened this one.
“We still have a very large senior population. For them to have to travel an hour, an hour and a half, away from the valley is difficult for them, especially now with having all the social distancing issues and so forth that are enacted. We want to try to mitigate some of those issues for those folks,” said Hemet Global’s Keith Garrison.
The process takes about 10 minutes, and test results are typically available within two to three days. Appointments can be made by calling (951) 765-4757. The program is scheduled to be held from 8 a.m. to noon.
Other Riverside County public testing sites include one at the county fairgrounds in Indio and another in the parking lot of The Diamond baseball stadium in Lake Elsinore, which has been operating for a few weeks.
A third drive-up testing site was set to open in at the Harvest Christian Fellowship church in Riverside on Wednesday.
Riverside County’s first private drive-thru testing center for COVID-19 opened in Hemet on Tuesday.
The testing site, which is operated by Hemet Global Medical Center, will be available to referred patients, those experiencing severe symptoms or elderly patients, who considered most at risk for the virus.
For those in the Hemet or San Jacinto area, other public testing sites across the Inland Empire may be too far to travel to, which is why officials opened this one.
“We still have a very large senior population. For them to have to travel an hour, an hour and a half, away from the valley is difficult for them, especially now with having all the social distancing issues and so forth that are enacted. We want to try to mitigate some of those issues for those folks,” said Hemet Global’s Keith Garrison.
The process takes about 10 minutes, and test results are typically available within two to three days. Appointments can be made by calling (951) 765-4757. The program is scheduled to be held from 8 a.m. to noon.
HEMET – Dr. Kali P. Chaudhuri, founder and chairman of KPC Health, was recently named the 53rd annual Book of Golden Deeds award winner by the Hemet-San Jacinto Exchange Club.
Awarded every year since 1967, the Book of Golden Deeds honors members of the San Jacinto and Hemet communities who give their time and talents to make their community a better place to live and work.
Hundreds of community members, stakeholders, elected officials, friends and family members gathered at the Soboba Resort and Casino Events Center Thursday, Dec. 5, to honor Chaudhuri for his many contributions to the surrounding community, including KPC Health’s Hemet and Menifee Global Medical Centers.
“I love Hemet and the future is bright for this community,” Chaudhuri said. “To me, Hemet is heaven. I came here more than 30 years ago to start my medical practice and never left. I raised my family here, built my business here, and made Hemet my home. There is still much work to be done, and I look forward to helping in every way that I can.”
KPC Health owns and operates a group of integrated health care delivery systems consisting of acute care hospitals, Independent Physician Associations, medical groups and various fully integrated multispecialty medical facilities.
The Pension Benefit Guaranty Corp. is taking over two pension plans sponsored by Verity Health System of California, a bankrupt non-profit that is being acquired by the KPC Group.
The Verity Health System Retirement Plan A is estimated to be 52% funded, with $306 million in underfunding, while the Verity Health System Retirement Plan B is estimated to be 74% funded with $2.8 million in underfunding.
Verity and 16 affiliates filed for Chapter 11 protection in the U.S. Bankruptcy Court in Los Angeles on Aug. 31, 2018, after amassing more than $1 billion in bond debt in addition to the unfunded pension liability and other fiscal demands, according to court documents.
In January, El Segundo-based Verity Health entered an asset purchase agreement with the KPC Group that is awaiting final approval from the California attorney general and a federal bankruptcy court.
In a January announcement of the agreement, Verity Health said that the KPC Group agreed to make employment offers to substantially all employees, and that Verity Health “anticipates that payments to retirees will continue.” The PBGC, an unsecured creditor in the bankruptcy proceedings, stepped in as trustee because the company’s two pension plans would be abandoned following the sale of Verity Health System’s assets. The two plans were terminated April 30.
According to preliminary analysis by the PBGC, almost all plan participants will see their benefits reduced because at the time of the August bankruptcy the two pension plans had been insured by the PBGC less than the three-year minimum required for full coverage. Exact benefits are now being calculated.
Verity Health was formerly known as Daughters of Charity Health System and is a church plan exempt from ERISA regulations. It was purchased in 2015 by BlueMountain Capital Management, with additional investment from NantWorks in 2017.
A California-based hospital management company is planning to be in Wilmington Wednesday, hoping to provide an alternative option to selling Hahnemann University Hospital’s residents program assets to a group of area health systems for $55 million.
KPC Global, which wants to buy and reopen Hahnemann University Hospital, filed a notice last week of its intention to participate in Wednesday’s bankruptcy court hearing on the proposed asset sale.
Based in Santa Ana, Calif., KPC operates seven hospitals in Southern California. The company also owns and operates independent physicians associations, medical groups, urgent care facilities, and a variety of multi-specialty medical facilities on the West Coast. It was founded by orthopedic surgeon and entrepreneur Dr. Kali Chaudhuri, who serves as the company’s chairman.
The bankruptcy court filing submitted Thursday by KPC and its affiliate Strategic Group Management states, “KPC understands that there has been a substantial amount of community opposition to the closing of Hahnemann Hospital, all of which is consistent with KPC’s view that Hahnemann Hospital can be a viable and thriving facility, which will provide much needed health care to the community and continued employment for the doctors, nurses and other employees of Hahnemann Hospital; and continue as a first rate teaching hospital.”
According to the filing, KPC wants to purchase all of the assets of Hahnemann and St. Christopher’s Hospital for Children — should the residents program sale not be approved or consummated. KPC said its is prepared to offer $60 million for Hahnemann’s assets and would make an offer for St. Christopher’s within two-to-four weeks, unless the residents program sale is approved.
“KPC believes it is in the interest of all parties to be ready to pivot promptly to reopen and expand the sale process to include substantially all assets of Hahnemann Hospital,” the company stated in its filing.
Both Hahnemann and St. Christopher Hospital for Children’s are owned by American Academic Health System (AAHS) of California. AAHS acquired the medical centers from Tenet Healthcare Corp. for $170 million in early 2018. AAHS subsidiary Philadelphia Academic Health System, the parent organization for the two hospitals, and the two hospitals all filed for bankruptcy court protection at the end of June. The move came shortly after AAHS announced plans to close Hahnemann, because of mounting financial losses averaging nearly $5 million a month. AAHS also said at the time it wanted to find a new owner to operate St. Christopher’s.
KPC officials were not available to further comment on their interest in Hahnemann and St. Christopher’s.
Hahnemann, which had employed about 2,500 workers, shutdown late last month.
In mid-July four Philadelphia-based academic health care organizations — Einstein Healthcare Network, Jefferson Health, Philadelphia College of Osteopathic Medicine and Temple Health — created a consortium to collectively negotiate with AAHS for the potential purchase of the 188-bed St. Christopher’s Hospital for Children and its assets. No other entities have publicly expressed an interest in buying St. Christopher’s.
Last month, another coalition of local health systems emerged as the winner in an auction for Hahnemann University’s Hospital’s residents program assets with a bid of $55 million. Reading-based Tower Health, prior to the auction, had entered into a deal to buy the assets for $7.5 million and permanently redistribute the residency slots among coalition members. The assets consist of the more than 550 resident residency slots for training doctors. Hospitals are reimbursed for the costs of training residents by the Centers for Medicare and Medicaid Services (CMS). The health systems in the coalition have already hired hundreds of former Hahnemann employees and provided a temporary home for more than 250 displaced Hahnemann residents.
Other objections were filed by the state of Pennsylvania, which said the proposed sale and bidding procedures failed to appropriately take into account state laws and regulations regarding the licensing of hospitals in the state and the Pennsylvania Department of Health’s authority and obligation to oversee hospital licensing. MidCap Property Trust, an affiliate of MidCap Financial, also filed an objection. MidCap is owed $58.6 million for loans it provided to PAHC and its related entities. MidCap said it would object to any sale that does not involve payment of the sale’s proceeds to MidCap at the closing.
Another limited objection was filed by The Association of American Medical Colleges and the Philadelphia-based Educational Commission for Foreign Medical Graduates, which raised concerns about the proposed agreement’s absence of details on insurance coverage for continuing residents and details about the retention of residents’ program records that provide information related to their training and the patients they treated while at Hahnemann. Temple University Health System also filed a limited objection stating it is owed about $850,000 — a debt not covered in the proposed sales agreement — under the terms of an academic affiliation agreement it signed in 2007 with Tenet related to training activities at St. Christopher’s Hospital for Children.
