MU Health Care leaders expressed confidence Wednesday going forward despite COVID-19’s impact on finances and operations.
Although MU Health Care has faced significant drop-offs in elective procedures and employee pay cuts and layoffs, CEO Jonathan Curtright said he believes MU Health Care “will reemerge stronger than (its) ever been.”
Curtright and other administrators provided a quarterly update to the Health Affairs Committee of the UM System Board of Curators in advance of the full board’s meeting next week.
The pandemic has not deterred progress on the NextGen Precision Health Institute, according to Richard Barohn, MU executive vice chancellor for health affairs. The facility, projected to cost over $220 million, is still on budget and is expected to open its doors in October 2021, Barohn said.
The full impact of the pandemic on MU Health Care employees was outlined Wednesday, with 61 laid off in April and May and more than 1,200 taking furloughs or pay cuts in the first quarter of fiscal year 2021. Executives took a 10% pay cut for three months ending July 31.
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