City Planning Commission Approves California Pacific Medical Center's $2.5B Project

The San Francisco Planning Commission has approved a $2.5 billion development project by San Francisco-based California Pacific Medical Center, according to a San Francisco Examiner report.

The plan now heads to the Board of Supervisors for approval.

CPMC and San Francisco Mayor Ed Lee reached a deal at the end of March on the development plan, which includes the construction of a new 555-bed hospital and renovation of St. Luke's Hospital. While these projects are estimated to create 1,500 new construction jobs, public officials and community members have raised concerns about the project's impact on healthcare costs, traffic and hospital-labor union relations, which have been criticized.

Under the development project, CPMC will also provide $86 million in indigent care annually for 10 years; $62 million for affordable housing; $20 million toward the city's community clinics; and $33 million for transit, streetscape and pedestrian safety improvements. In addition, CPMC will provide care for one-third of the city's estimated 30,000 additional medical recipients under healthcare reform, maintain 100 long-term-care skilled nursing beds in the city and cap its healthcare increases for city employees.

More Articles on CPMC and San Francisco:

California Pacific Medical Center-San Francisco Deal Raises Cost Concerns
California Pacific Medical Center, San Francisco Mayor Strike Agreement on Expansion

California Pacific's Community Benefit Plan Falls Short of San Francisco Mayor's Request


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars