California Pacific Medical Center, San Francisco Mayor Strike Agreement on Expansion

San Francisco Mayor Ed Lee and officials from San Francisco-based California Pacific Medical Center have agreed that the hospital can build five new medical facilities in return for investments in the city, according to a San Francisco Chronicle report.

Under the agreement, CPMC will build five new medical buildings, including a new 555-bed hospital, in the city. CPMC will provide the city $86 million in annual charitable care for 10 years, $62 million for affordable housing, $20 million to help community healthcare organizations develop managed care networks, $20 million for Municipal Railway facilities and services and $13 million for pedestrian safety and streetscape improvements.

CPMC will also downsize its St. Luke's Hospital from 229 beds to 80 and maintain it as an acute-care hospital with an emergency room for 20 years, according to the report.

CPMC made these commitments and more to offset the impact of the construction projects on the city, as they will require demolishing 25 rent-controlled or single-room occupancy units. Mayor Lee also expects the projects to increase traffic and housing demands.

More Articles on CPMC and San Francisco:

California Pacific Medical Center Most Profitable in San Francisco, But Charity Care is Low
California Pacific's Community Benefit Plan Falls Short of San Francisco Mayor's Request

California Pacific Medical Center Asked to Fund Community Improvements to Gain Expansion Approval

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