The LAT - yes, the DogTrainer-Enquirer - punctures that myth:

For years it has been a heartfelt cry: "This hospital desperately needs more money!"

Whenever Martin Luther King Jr./Drew Medical Center is criticized, as it often is, the response from supporters is the same. They say Los Angeles County leaders never wanted King/Drew built in the first place - and have been trying to starve it ever since...

..."You know damn well the county knows what we need," said "Sweet Alice" Harris, long revered for her charitable efforts in South Los Angeles' black and Latino neighborhoods. "My problem is: Why is it that they don't love the poor people and want to help them? We're the first to be cut and the last to be rewarded."...

... The numbers, however, tell a different story. Though widely believed, the notion that King/Drew is being shortchanged is false.

The medical center spent more per patient than 75% of the public and teaching hospitals in California, according to a 2002 state audit that looked at fiscal year 2000...

...King/Drew's problem is not the amount of money it gets but the way the money is squandered, according to audits, financial records, legal filings and dozens of interviews...

[...list of examples...]

...Some employees habitually fail to show up, logging weeks, even months, of unexcused absences each year. And those who do come to work often don't do their jobs, causing one consultant in 2002 to remark that they had "retired in place."...