A study by the University of California Hastings College of Law found that California Pacific Medical Center, part of Sutter Health, is the most profitable healthcare provider in the city, but its charity care figures are lower than other smaller hospitals in the city, according to a San Francisco Bay Guardian report.
From 2006 to 2010, CPMC made cumulative profits of $743.9 million, far above St. Mary's Medical Center ($22.6 million in profit) and St. Francis Memorial Hospital (a loss of $14.8 million), according to the report.
CPMC's charity care, which the San Francisco Board of Supervisors expects should be a minimum of 3 percent of a hospital's finances, is around 1 percent. The 514-bed CPMC also sees 14 charity care patients per bed per year compared with St. Francis' 31 charity care patients per bed per year, according to the report.
From 2006 to 2010, CPMC made cumulative profits of $743.9 million, far above St. Mary's Medical Center ($22.6 million in profit) and St. Francis Memorial Hospital (a loss of $14.8 million), according to the report.
CPMC's charity care, which the San Francisco Board of Supervisors expects should be a minimum of 3 percent of a hospital's finances, is around 1 percent. The 514-bed CPMC also sees 14 charity care patients per bed per year compared with St. Francis' 31 charity care patients per bed per year, according to the report.
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