Financial Information
Stanford Blood Center is a not-for-profit community blood center. As a department in the Stanford University School of Medicine, our tax status is based on the University's tax exempt status as an educational institution [501(c)(3)].
Stanford Blood Center currently has an annual operating budget of $58.5 million as well as research grants of more than $2 million (direct costs only). The operating budget is supported by blood products and clinical testing services provided to area hospitals, clinics and physicians, most notably, Stanford Hospital & Clinics, Lucile Packard Children's Hospital, Palo Alto VA Medical Center and Livemore VA Medical Center.
Stanford Blood Center is dedicated to minimizing costs to patients but acknowledges that the ultimate cost of blood can be high.
- Costs are incurred in the handling and testing of each product.
- Additional costs are associated with special services such as designated or autologous donations or shipping blood products out of the area.
- Hospitals also add charges for their handling and/or additional testing of blood products before they are transfused to patients.
For more information please call the Administrative Offices at 650-723-7994 or contact SLB@stanford.edu [SLB]
