News Headlines Article

Children’s Hospital Oakland Starts Restructuring Plan
San Francisco Sentinel

Children’s Hospital today announced it will cut expenditures, improve business practices and lay off 17 staff members (less than 1 % of its staff) as part of a plan to reduce a projected loss of $26 million.

“We are making these changes now to ensure we are fiscally sound and able to carry out our mission to provide the highest quality pediatric care to all children, now and in the future,” said Dr. Bertram Lubin, who took over as President and CEO of the medical center in August 2009.