Town Square

Post a New Topic

Hospital finances healthier this year

Original post made on Jun 16, 2011

El Camino Hospital is off to a "a much smoother" start this fiscal year compared to last year. The board of directors has passed the budget on time; Chief Financial Officer Ned Borgstrom expects the hospital to make a $52.4 million profit.

Read the full story here Web Link posted Thursday, June 16, 2011, 1:37 PM

Comments (3)

Posted by Pass the Tranquilizers, a resident of Shoreline West
on Jun 16, 2011 at 6:05 pm

I bet the personnel staffs are gearing up to be helpful like they were the last time there were "as yet unidentified" positions to be reduced.

"Borstrom explained that some departments of the hospital could stand to be reduced, while others are growing. As such, the budget calls for cuts to be made to about 40 as yet unidentified full-time positions, while it simultaneously calls for hiring as many as 25 full-time employees."

I hope I don't get sick waiting to find out if I have a job or not.


Posted by Jeremy Engdahl-Johnson, a resident of Old Mountain View
on Jun 17, 2011 at 7:28 pm

The status quo can't last when it comes to hospital financing; Medicaid expansion, aging population affect payer mix. Web Link


Posted by Jeremy Engdahl-Johnson, a resident of Old Mountain View
on Jun 19, 2011 at 10:30 am

The status quo can't last when it comes to hospital financing; Medicaid expansion, aging population affect payer mix. Web Link


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Services, Dining and Shopping Downtown in Palo Alto
By Steve Levy | 16 comments | 2,017 views

Handmade truffle shop now open in downtown Palo Alto
By Elena Kadvany | 2 comments | 1,626 views

It's the End of the World as We Know It: "Snowpiercer"
By Anita Felicelli | 1 comment | 1,367 views

What is the new couple's paradigm these days?
By Chandrama Anderson | 0 comments | 1,015 views

Those unexpected dinners
By Jessica T | 0 comments | 679 views