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UCSF to join hospitals in cutting jobs
San Francisco Business Times

UCSF Medical Center and its UCSF Benioff Children’s Hospital, in the midst of building a $1.5 billion new campus at Mission Bay, now say they must cut 300 full-time-equivalent jobs to lower the cost of care and prepare for the full onset of health reform and other challenges. “As national healthcare leaders, (the medical centers) must strategically invest our dollars to improve care, grow our market share, plan for reduced payment increases, and lower our total costs overall,” said CEO Mark Laret and Chief Operating Officer Ken Jones in an Oct. 16 memo to employees.

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