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FINANCIAL_SERVICESAMENDED

Kern County Hospital Authority Board of Governors Agenda 2026-06-17

Additional $1M capital for Kern Medical Surgery Center

Capital contribution increase of $1,000,000 (from $9,281,363 to $10,281,363)Kern Medical CenterKERN MEDICAL SURGERY CENTER LLCJune 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Kern County Hospital Authority is set to approve the Eighth Amendment to the Kern Medical Surgery Center, LLC Operating Agreement, increasing the Authority’s capital contribution by $1,000,000 to a total of $10,281,363 for added working capital. The amendment will be effective June 17, 2026.

Contract Details

Contract Amount

Capital contribution increase of $1,000,000 (from $9,281,363 to $10,281,363)

Vendor

KERN MEDICAL SURGERY CENTER LLC

Agency

Kern Medical Center, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 17, 2026

Contract Term

Effective June 17, 2026

Renewal Info

Eighth amendment adjusts capital contributions but does not specify changes to term or governance structure in the agenda text.

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