News Headlines Article

UCD Med Center logs 70% jump in income
Sacramento Bee

University of California, Davis, Medical Center posted a 70 per- cent jump in income in 2011, even as patient visits and hospital stays fell slightly, according to financial statements released this week.

The nonprofit medical center reported $117.6 million in net income compared with $69 million in 2010 – a 70.4 percent hike from a year ago.

Admissions decreased 6.5 percent, from 33,169 in 2010 to 31,025, while outpatient visits fell by about 2 percent, from 970,390 to 951,811.