CEO Mark Laret: Strong Financial, Philanthropic Leader at UCSF Medical Center
Under his leadership, UCSF Medical Center reversed what had been a $60 million annual loss in 2000. Within five years, the medical center produced a $70 million annual gain. Strong financial performance has enabled the non-profit medical center to pursue expansion and modernization of its facilities and equipment. For instance, Mr. Laret is spearheading plans to build a $1.5 billion UCSF hospital complex in the Mission Bay section of San Francisco. The complex will include hospitals for children, women's specialty services and cancer. Mr. Laret has launched a campaign to raise $600 million in donations for the new complex, expected to open in 2014.
Prior to joining UCSF, Mr. Laret served at UCLA Medical Center in Los Angeles from 1980 to 1995 in a variety of leadership positions, including medical center deputy director and CEO of the 900-physician UCLA Medical Group. From 1995 to 2000, he was CEO of UC Irvine Medical Center in Orange, Calif., where he led a business turnaround that resulted in improvements in quality of care, patient satisfaction and financial performance.
Mr. Laret is a 30-year veteran of healthcare management and a national leader in healthcare initiatives and reform. He has represented the interests of major academic medical centers before congressional officials and federal agencies on issues of quality, safety and financing of medical care; innovations in healthcare delivery; access for the underserved; and the training of medical residents. Mr. Laret is the chair of the Association of American Medical Colleges. His term as chair runs through November 2012. He is also on the board of trustees of the California Hospital Association and is a former chair of the Hospital Council of Northern and Central California.
In addition to his leadership in the healthcare industry, Mr. Laret is highly involved in philanthropic efforts. He co-chairs the San Franciscan African American Health Disparity Project, working to improve the health status of African Americans and their access to healthcare. Mr. Laret's volunteer service includes membership on the board of the international charity Mercy Ships, which delivers medical care on hospital ships to indigent communities in Africa. He also chaired corporate fundraising drives in San Francisco for the Juvenile Diabetes Research Foundation and the American Heart Association.
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