Staff Furloughs at the University of Rochester Medical Center

On April 15, URMC leadership notified faculty and staff that the institution was facing a $500 million budget gap in the fiscal year ending June 30. Measures required to prepare for a surge in COVID-19 patients increased costs, while reducing revenue from clinical operations by $130 million per month.
Source: University of Rochester Medical Center Press Releases - Category: Universities & Medical Training Authors: Source Type: news