Serving as Chief Executive Officer (CEO) of Tri-City Medical Center since 2009, Larry B. Anderson has turned the medical center into a profitable and efficient enterprise. When he took his post as Chief Executive Officer, the hospital had lost millions of dollars; however, his leadership resulted in a financial turnaround and return to profitability. Mr. Anderson implemented budgetary measures allowing the center to bring in $400 million in yearly revenues. Tri-City Medical Center offers services in oncology, cardiology, orthopedics, and obstetrics and gynecology, as well as a state-of-the-art emergency room.
Beyond fiscal oversight of the hospital, Larry B. Anderson is responsible for maintaining its various accreditations. The hospital maintains Gold status with the Joint Commission on Accreditation of Healthcare Organizations. It serves as a Pulmonary Rehabilitation Center and Chest Pain Center and is certified by the American Stroke Association and American Heart Association as a Gold-Plus Primary Stroke Center. Tri-City Medical is one of a few hospitals in San Diego County with these designations. Mr. Anderson currently is working with the hospital's elected Board of Directors in developing new facilities and expanding existing structures to better accommodate patients.
Before working as the CEO of Tri-City Medical, Larry B. Anderson served as President and founder of Integrated Healthcare Holdings, Inc. (IHHI), in Santa Ana, California. His company ran four hospitals in Orange County.
Mr. Anderson holds a degree in Political Science from California State University in Long Beach. He also attended Loyola University, where he earned a Juris Doctor. Admitted to the California State Bar in 1975, he served the U.S. Postal Service as an in-house counsel before working in hospital administration. Mr. Anderson is a current board member for the Hospital Association of San Diego and Imperial Counties and supports local charities such as the San Diego chapter of the March of Dimes.
- Tri-City Medical Center
: 01/1999 -
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.
- California State University
: 08/1965 -
Larry B Anderson