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Currently, SEAS predicts a 5 percent drop in its endowment each year for the next few years, but Murray said she does not “anticipate?? any staff layoffs in the coming year...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: SEAS Dean Charts Course | 10/19/2009 | See Source »

...revenue shortfall for the hospital. Levy said that because researchers are stretching their grants into the first quarter of next year, the hospital has not received its indirect payments as quickly, resulting in less revenue on hand. “That just shows you how things you would never anticipate??dozens of researchers all of the sudden being more prudent—affect the bottom line of the hospital,” Levy said. He said that this loss might be counteracted by an increase in NIH funding, pledged as part of Obama’s stimulus package...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Beth Israel To Consider Staff Layoffs | 3/9/2009 | See Source »

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