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Larry B.
Anderson

Larry B. Anderson brings decades of industry experience to his position as the Chief Executive Officer of Tri-City Medical Center in Oceanside, California.

Oceanside, California

Larry B. Anderson, Chief Executive Officer of Tri-City Medical Center in Oceanside, California, and a proven industry leader, currently serves on the boards of several professional organizations in his industry. Since 2006, Larry B. Anderson has contributed as a member of the California Integrated Systems Council of the California Hospital Association. Larry B. Anderson also participates on the Executive Board of the District Hospital Leadership Forum to help patients who might be underinsured or come from disadvantaged backgrounds,. In addition, Larry B. Anderson sits on the boards of the March of Dimes Foundation, the Moonlight Cultural Foundation, and the Hospital Association of San Diego and Imperial Counties.

When Larry B. Anderson accepted his role with Tri-City Medical Center in 2009, the facility was unable to meet seismic clearance, operating on monthly losses in excess of $1.5 million, and lacking satisfactory accreditations. Anderson quickly established a comprehensive plan to address these issues, beginning with restructuring the finances by lowering the interest rates on debt and securities. With the financials back on track, Larry B. Anderson successfully procured seismic clearance through 2030 for the center and embarked on a total overhaul of the facility. Under his leadership, Tri-City Medical Center earned reaccreditation from The Joint Commission, distinction as a Chest Pain Center and Pulmonary Rehabilitation Center, and the prestigious Gold-Plus Award for Stroke Care from the American Heart Association. To ensure the highest level of specialized care, Anderson also established the Cardiovascular Health Institute, the Orthopedic Institute, and the upcoming Cancer Institute. At present, Larry B. Anderson is creating a Master Facility Plan with the Board of Directors to continue Tri-City Medical Center’s impressive turnaround.

An alumnus of the Loyola University School of Law, Larry B. Anderson has brought extensive management experience in the medical industry to his position at Tri-City Medical Center. Before accepting his current position, Anderson had established and managed his own hospital management firm, Integrated Healthcare Holdings, Inc. Functioning as the President of the enterprise, Larry B. Anderson maintained responsibility for four of the leading acute care centers in Southern California. Prior to this, he held leadership positions with Alta Hospitals System, LLC and the United States Postal Service.


Larry B. Anderson's Companies

  		•  Tri-City Medical Center 2009 - Oceanside, California
    Chief Executive Officer
    Full management responsibilities for a large tertiary care community hospital in the North San Diego County area. Tri-City Medical Center's Net Revenue is approximately $330 million annually and it employs over 2300 people as the second-largest employer in Oceanside, California. Since becoming CEO in January 2009, Anderson’s major achievements have included arranging re-financing of Tri-City’s high interest rate auction rate securities, reducing interest rate costs from 17.5% to approximately an aggregate 5%, obtaining seismic clearance of the entire campus until 2030, and obtaining national certifications as a Pulmonary Rehabilitation Center and Chest Pain Center (the only one of its kind in San Diego county), and certification from the American Stroke Association and American Heart Association as a Gold-Plus Primary Stroke Center for the past two years (the only San Diego County healthcare facility to achieve this distinction). Recently, TCMC was awarded a 3 year re-accreditation from the American College of Surgeons’ Commission on Cancer, with Commendation. Anderson has successfully guided Tri-City through its Tri-Annual accreditation by the Joint Commission on Accreditation of Healthcare Organizations, where Tri-City achieved “gold” status. Upon Anderson’s arrival at Tri-City in January 2009, Tri-City lost in excess of over $1.5 Million, in January alone. After declaring losses in Fiscal Years 2009 and 2010, Tri-City, under Anderson’s leadership, turned to profitability in July 2010 and has recorded profit from operations every month in that fiscal year. Tri-City ended FY 2011 $15.2 Million in the “black”, as well as generating $32.5 Million in free cash flow.