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El Camino Hospital has a very good year

Original post made on Jul 13, 2015

El Camino Hospital raked in more money than anticipated this fiscal year, ending with $65 million in extra cash -- and hospital officials won't have a problem finding ways to spend it.


Read the full story here Web Link posted Monday, July 13, 2015, 9:28 AM

Comments (5)

Posted by Paul
a resident of Bailey Park
on Jul 13, 2015 at 10:05 am

Many American hospitals and doctors game a tax-subsidized system to rake in and keep plenty of money. Yet. the USA is far down the list internationally in health care outcomes.


Posted by Taxpayer
a resident of Jackson Park
on Jul 13, 2015 at 10:16 am

If they have so much money then why are taxpayers giving them $299 million this year through the healthcare district in addition to the huge bond we gave them to build new buildings ten years ago?


Posted by Kathy
a resident of Sylvan Park
on Jul 13, 2015 at 2:36 pm

They are increasing their prices 5%? "El Camino will increase the prices of its services by 5 percent this year to better match the prices at neighboring hospitals" No doubt they are using PAMF as a model, their pricing is ridiculous, I avoid PAMF and EL Camino if at all possible. The Neiman Marcus of healthcare.


Posted by Sarah1000
a resident of another community
on Jul 14, 2015 at 6:26 pm

With zero child/adolescent psychiatric inpatient beds in all of Santa Clara County, I ask that the Board direct some of this "windfall" to providing some beds to treat the youth of our community who suffer from mental health issues.


Posted by robyn
a resident of another community
on Jul 15, 2015 at 6:04 am

Return the money to the property owners who are paying the bond interest.
Then, reduce prices for services to accurately reflect costs, let employees pay for their own health insurance, do not forgive anymore loans to employees and reduce the obscene salary of the CEO.
It is no wonder that our health insurance rates are so high.


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