El Camino Hospital officially responded today to a Santa Clara County Civil Grand Jury report, which criticized the health care organization for not clearly separating the money it receives from tax payers and the money it generates as a non-profit corporation.
In a statement statement released June 16, the hospital said it has "preliminarily reviewed" the report, which found that the hospital district and the non-profit organization formed by the district "appears to operate as one unit," intermingling funds in such a way "that one cannot delineate how taxpayer contributions are spent."
El Camino defended its bookkeeping practices while also saying the hospital "respects the role of the Civil Grand Jury and will give due consideration to the findings and recommendations in the report."
The grand jury, which passed and adopted the report on May 19, recommended that El Camino "account for tax revenues on a line-item basis, so that taxpayers can follow the money to determine monies are properly spent."
According to the report, the grand jury was unable to determine where the hospital derived the funds used to purchase the Community Hospital of Los Gatos in 2009 and sponsor the San Jose Sharks' playoff games this year.
In it's official response, the hospital did not go into great detail defending the purchase of the Los Gatos campus and did not make any mention of its sponsorship of the Sharks' playoff run.
"The ECHD is a vigilant steward of the public money it receives," the statement read. "The ECHD Board ensures that district funds are expended for the benefit of the district and the people served by the district."