New twist in Jewish Hospital saga: UofL appears to want to buy it with a partner
There’s a new twist in the Jewish Hospital saga: The University of Louisville appears to want to buy it with the help of a partner. In an email obtained by Insider, University President and University Medical Center Board Chair Neeli Bendapudi wrote that the...
The Closing Bell: CHI official on timing of asset sale; UofL to lead startup hub; KMAC extends free admission into 2019; [give] 502; and more
Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday. CHI official: KentuckyOne asset sale news possible early next year A Catholic Health Initiatives executive...
Jewish Hospital’s financial woes continue, new report shows
Jewish Hospital and St. Mary’s Healthcare recorded operating losses of $17.7 million in the quarter ended Sept. 30, slightly better than the year earlier.
Sources: State rebuffed UofL president’s request for help related to Jewish Hospital
University of Louisville President Neeli Bendapudi recently traveled to Frankfort to seek help from state officials with challenges related to the struggling Jewish Hospital but was rebuffed, sources have told Insider. Two sources told Insider that Bendapudi asked for financial assistance as the university...
State cuts, KentuckyOne separation inflate UofL operating loss to $316M; Pitino, Jurich payouts curtail assets
The loss is nearly $50 million worse than the year prior, primarily because of the institution’s separation from KentuckyOne Health, according to a new financial report the university posted on the controller’s office website Tuesday.
If UofL pulls out of Jewish Hospital, ‘what’s left?’
The University of Louisville has begun a process of moving cardiology, organ transplantation, neurosurgery and other services out of Jewish Hospital, in a further sign that the end of the venerable facility may be nearing. “Given the current uncertainty around Jewish Hospital, we have...
UofL trustees committee approves budget with 5 percent cut, 4 percent tuition hike
The finance committee of the University of Louisville board of trustees approved a proposed budget for the next fiscal year at the meeting on Wednesday, which institutes a 5 percent cut in general fund spending and a 4 percent increase in student tuition. The...
University of Louisville sets a new tone with president’s contract
Incoming University of Louisville President Neeli Bendapudi’s contract includes minimal perks and clear-cut compensation, a deviation from her predecessor’s contract. Her five-year contract, running from May 15, 2018 to May 15, 2023, entitles her to a $650,000 base salary and $130,000 in annual bonus...
neeli bendapudi
February 16, 2019
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