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Department projects $31.1 million year-end surplus; hospitals drive much of the gain
Summary
CFO Greg Wagner reported a projected $31.1 million year-end surplus for the Department of Public Health, driven by $17.4 million at ZSFG and $14.4 million at Laguna Honda, while noting salary pressures and a management reserve balance of $80.8 million.
Chief Financial Officer Greg Wagner presented the departments second-quarter revenue and expenditure report through December and said the department projects a year-end surplus of $31,100,000.
Wagner said Zuckerberg San Francisco General is projecting a $17,400,000 surplus largely driven by the GPP/1115 waiver program and better-than-expected patient service…
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