Kern Medical Company Profile

Background

Overview

Established in 1867, Kern Medical is a 222-bed acute care teaching hospital located in Bakersfield, California. As the only advanced trauma center between Fresno and Los Angeles, it plays a pivotal role in providing comprehensive healthcare services to the Central Valley community.

Mission

Guided by the needs of patients and their families, Kern Medical is committed to delivering safe, compassionate, high-quality care to improve the health and well-being of the community.

Vision

Kern Medical aims to:

• Place the patient at the center of the healthcare experience.

• Lead academic and professional excellence in the community.

• Advance healthcare delivery through a fully integrated system across the spectrum of care.

• Achieve the triple aim of providing the best patient experience, highest quality of care, and most appropriate use of healthcare resources.

• Hire and develop the best team that is both inspired and committed to healing.

• Commit to financial stability through efficient management of resources.

Values

Kern Medical is guided by principles of compassionate healing, respect, integrity, innovation, collaboration, and fiscal responsibility.

Key Strategic Focus

Core Objectives

Kern Medical focuses on delivering comprehensive healthcare services, advancing medical education, and fostering community health initiatives.

Specializations

The hospital offers a range of primary, specialty, and multi-specialty services, including high-risk pregnancy care, inpatient psychiatric services integrated with county mental health programs, and a growing network of outpatient clinics providing personalized patient-centered wellness care.

Key Technologies

Kern Medical utilizes advanced medical technologies, including robotic surgical systems like the da Vinci Xi Robot, enhancing surgical precision and patient outcomes.

Primary Markets

Serving the Central Valley, Kern Medical addresses the healthcare needs of a diverse population, emphasizing trauma care, specialized medical services, and community health programs.

Financials and Funding

Revenue

Kern Medical's estimated annual revenue is approximately $594.5 million.

Funding History

Specific details regarding funding rounds and notable investors are not publicly disclosed.

Pipeline Development

Clinical Services Expansion

Kern Medical continually expands its clinical services, including the establishment of specialized clinics and the introduction of new medical technologies to enhance patient care.

Research Initiatives

The hospital is actively involved in research projects, particularly through the Valley Fever Institute, conducting multiple case studies and collaborating with research institutions to find a cure for coccidioidomycosis.

Technological Platform and Innovation

Proprietary Technologies

Kern Medical employs advanced medical technologies, such as the da Vinci Xi Robot, to perform minimally invasive surgeries, resulting in benefits like reduced blood loss, minimal scarring, and faster recovery times.

Scientific Methodologies

The hospital integrates evidence-based practices and innovative treatment protocols across various specialties to ensure high-quality patient care.

Leadership Team

• Scott Thygerson, Chief Executive Officer: With over 20 years of experience in healthcare strategic planning and operations, Thygerson leads Kern Medical's executive team.

• Andrew Cantu, Chief Financial Officer: Cantu provides financial and strategic leadership, managing all financial aspects of the facility.

• Glenn Goldis, MD, MMM, Chief Medical Officer: Dr. Goldis oversees clinical operations, including department chairs, pharmacy operations, and healthcare quality metrics.

• Tyler Whitezell, CPA, Chief Operating Officer: Whitezell offers operational leadership to quality and ancillary departments within the hospital and clinics.

• Renee Villanueva, Chief Ambulatory and Outreach Officer: With over 25 years in multispecialty practice management, Villanueva leads ambulatory and outreach services.

• Tonya Barazza, MSN, RN, CNOR, NEA-BC, Chief Nursing Officer: Barazza brings over 16 years of nursing experience, focusing on strategic planning and program development.

• Roby Hunt, Chief Transformation Officer: Hunt has over 30 years in healthcare, specializing in human resources leadership.

• Natalee Garrett, Vice President of Strategic Development: Garrett has over a decade of experience in physician practice management.

• Lisa Hockersmith, CCP, PHR, Vice President, Human Resources: Hockersmith provides strategic oversight of human resources, focusing on workforce development.

Leadership Changes

In December 2021, Russell Judd retired as CEO after an eight-year tenure, during which he significantly improved the hospital's finances and expanded its teaching capabilities.

Competitor Profile

Market Insights and Dynamics

The healthcare industry in the Central Valley is characterized by a growing demand for specialized medical services, driven by a diverse and expanding population.

Competitor Analysis

Key competitors include