UCLA Medical Center Posts Record-Breaking Revenues

The Ronald Reagan UCLA Medical Center posted record-breaking revenues of nearly $5.6 billion and $100 million in surplus funds last fiscal year, according to a report by the UCLA Daily Bruin.

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Administrators said the brand-new, 10-story medical center, which opened in June 2008, showed strong volume due to very high patient satisfaction and closure of several small community hospitals nearby.

The medical center was unscathed by draconian state budget cuts because it is primarily funded by commercial insurers, with only $9 million a year coming from the state.

Read the UCLA Daily Bruin’s report on Ronald Reagan UCLA Medical Center.

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