Home Back Issues March 2008 OHSU cuts deeply after cap decision

OHSU cuts deeply after cap decision

| Print |  Email
Archives - March 2008
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

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Report Card

September 2014
Tuesday, August 26, 2014

Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


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