News Headlines Article

Santa Clara Medical Center cost-saving unclear
San Jose Business Journal

County auditors are unable to verify how much money Santa Clara Valley Medical Center saved as a result of $20 million contract with Deloitte Consulting. The hospital and health system’s $1.2 billion budget is the largest expense the county has in its $4.4 billion budget. The county is projecting a deficit for 2010-11 between $230 million and $250 million, of which $110 million comes from the hospital system.