OHSU struggles with budget

OHSU aims to create a plan that will preserve quality of care despite slashing costs.

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Portland’s largest employer has had to make university-wide cuts – from staffing to campus maintenance – to survive damage caused by the economy and other financial blows.

The cumulative response from OHSU has been a code-blue financial intervention. It eliminated hundreds of jobs, backed off hospital expansion plans, merged departments and throttled back spending across the board.

The university maintains that it’s turning a fiscal corner, but acknowledges that further adversity would compromise patient care, research programs and the quality of medical education.

Read the full story at OregonLive.com.