News Headlines Article

San Francisco Mayor Ed Lee mulls new offer from CPMC hospital group
San Francisco Examiner

Negotiations are ramping up again for a new 555-bed hospital on Cathedral Hill, as the California Pacific Medical Center made an offer to the Mayor’s Office last week to pay $1.1 billion in community benefits over 10 years to mitigate the loss of beds at St. Luke’s Hospital in the Mission district.

The offer follows a request from Mayor Ed Lee in May that CPMC pay annually toward transit and affordable housing to the tune of $108 million, an amount that CPMC officials called “fiscally infeasible” and said would cost $2 billion over a hospital’s average 50-year life.