UCSF MEDICAL CENTER: UC-Irvine CEO to Take Over
Mark Laret, who has served as the director and CEO of the University of California-Irvine Medical Center for the past five years, will take over as CEO of the University of California-San Francisco Medical Center on April 15, the San Francisco Chronicle reports. Laret "has been instrumental in correcting" the financial problems that have plagued UCI's Medical Center, a turnaround he will have to duplicate at UCSF's Medical Center, which stands to lose $49.3 million for the 10 months ending June 30. Officials hope to cut those losses to $24.9 million by the end of the next fiscal year. UCSF Chancellor Michael Bishop said that Laret "can hit the ground running in every regard. He has a very good understanding of the issues of academic health centers." Laret said he would address issues of improving government and private reimbursements. He also faces the challenge of finding a COO and CFO, a task he said he would tackle immediately. "These issues are big, but they are solvable. As much as anything, it is working to constantly be looking at which programs are working and which ones aren't and being able to make the tough decisions to cut programs that aren't working," Laret said (Schevitz, 3/22).This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.