Home Archives March 2008 OHSU cuts deeply after cap decision

OHSU cuts deeply after cap decision

| Print |  Email
Saturday, March 01, 2008

{safe_alt_text}

PORTLAND Oregon Health & Science University is planning for an estimated $150 million in cuts over the next five years following an Oregon Supreme Court ruling that eliminated a $200,000 malpractice liability cap. The cap protected state agencies and OHSU from open-ended damage awards. It doesn’t appear to be coming back anytime soon.

OHSU was already reeling from $50 million in losses from research and education costs when the Supreme Court handed down its decision in December. In January, the university, Portland’s largest private employer, announced cutbacks. It will significantly reduce unfunded research in the medicine, dentistry and nursing schools and close clinics and education programs around the state. It also will raise tuition 10% to 25%, reduce benefits for new employees and cut as many as 300 jobs.

Anything that’s losing money, says OHSU spokesman Jim Newman, is being looked at. One  example: closing or outsourcing the March Wellness Center at South Waterfront, which lost $1 million last year. However, a new educational campus is still slated to be built there in the next few years.

Because of the brevity of this year’s special legislative session, lawmakers will not be looking at reinstating a cap. Even if they did, any new limit to liabilities will still have to be tested in court, says Newman.

“We see this as a new reality for us for next few years,” he says.   

ABRAHAM HYATT


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

The 100 Best Green Workplaces in Oregon

June 2014
Tuesday, May 27, 2014

GreenLogoOregon is known for its green-minded citizens, and many workers are attracted to firms and organizations that practice green, not just pay lip service to it.


Read more...

13 West Coast seafood species now 'sustainable'

News
Tuesday, June 03, 2014

Fishing OrBiz Fishing 0357 ADOBErgbCiting the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

100 Best Green Companies Keynote Speech

News
Friday, May 30, 2014

green2014-069Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS