As the worlds of health care, research and higher education undergo seismic economic shifts, UC San Francisco is uniquely well-positioned to excel and even capitalize on the changes, University leaders say.
UCSF has an increased focus on its long-term financial and business planning, the details of which are spelled out in a new 10-year financial plan prepared by the University. It combines the medical center and the campus' current and projected financial plan for the entire $4.14 billion enterprise.
Even with its research prowess and all the patients it serves, UCSF first and foremost exists to provide its students with the highest caliber of health sciences education.
Overcoming financial challenges that take a budget balance sheet from the red into the black is nothing new to Mark Laret, chief executive officer of UCSF Medical Center and UCSF Benioff Children's Hospital.
As the University confronts a continued changing landscape, the UCSF community will likely face cultural and organizational changes that are necessary to support effective, nimble decisions that align strategy with spending priorities.