Under the deal, CPMC will rebuild St. Luke’s with 120 beds, build a new 12-story facility, comply with a 10-year baseline of charity care and commit $80 million in community benefits, including job training, health clinics, transportation and affordable housing, according to the report.
In addition, CPMC will cap healthcare premium increases for government workers for 10 years, according to the report.
More Articles on CPMC and San Francisco:
California Pacific Medical Center Scales Back Plans, Agrees to Expand St. Luke’s
California Pacific Medical Center Nears $2.5B Construction Agreement
$2.5B San Francisco-California Pacific Medical Center Deal in Question After Documents Leaked
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