UCSF Medical Center Annual Report 2007
UCSF Medical Center: Financials (PDF, 55KB)
UCSF Medical Center: Clinical Activity (PDF 63KB)
UCSF Medical Center’s financial condition continued to improve, with net income rising from $95.6 million in fiscal year 2006 to $110.8 million in 2007. The medical center’s financial performance enabled it to increase cash reserves from $155.6 million in 2006 to $182.8 million in 2007. This positions the medical center to support seismic upgrades, make needed improvements to facilities and consider plans for future expansion.
Patient activity for both inpatient and outpatient services continued to climb. Most patients are adults who live outside San Francisco. About 3 percent of patients come to UCSF Medical Center from outside California.
UCSF Medical Center saw an increase in uncompensated care in 2007 as compared with 2006. By funding charity care, subsidizing the Medi-Cal shortfall and shouldering the burden of bad debt, the medical center, at a cost of $168.8 million in 2007, works to create a healthier community for all by caring for those who are uninsured or have limited resources.
UCSF Medical Center Annual Report, 2007