TO: Honorable Mayor and Members of the City Council
FROM: Rick Otto, City Manager
1. SUBJECT
title
Continued Public Hearing to consider a Participation Agreement between the City of Orange and Providence Procurement Company, LLC. (Continued from 12/8/20)
body
2. SUMMARY
A public hearing to consider approval of a Participation Agreement between the City of Orange and Providence Procurement Company, LLC.
3. RECOMMENDED ACTION
recommendation
Approve the Participation Agreement between the City of Orange and Providence Procurement Company, LLC, a Washington Limited Liability Company, and authorize the Mayor and City Clerk to execute on behalf of the City.
end
4. FISCAL IMPACT
The proposed Economic Development assistance will be performance based and budgeted through the City's annual budget process.
5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
a: Expend fiscal resources responsibly.
e: Create an environment to attract, retain, and expand economic opportunities.
6. DISCUSSION AND BACKGROUND
Providence is the nation's third largest health system and employs more than 119,000 medical professionals. The system has 50 hospitals, 829 physician clinics, senior services, supportive housing, and many other services across seven states with more than 25 locations in the State of California, one of which is St. Joseph Hospital of Orange. St. Joseph Hospital is home to approximately 75 specialty programs, including the Center for Cancer Prevention and Treatment, the Heart and Vascular Center, and a technologically advanced Orthopedics program. The hospital employs approximately 3,100 medical professionals and discharges approximately 20,000 patients each year.
Providence is in the process of reorganizing its operations and has created a wholly-owned purchasing company: Providence Procurement Company, LLC (PPC). PPC will allow Providence to centralize its procurement functions among several of its California hospitals to help drive consis...
Click here for full text