web analytics
July 24, 2014 / 26 Tammuz, 5774
Israel at War: Operation Protective Edge
 
 
At a Glance
News & Views
Sponsored Post
IDC Advocacy Room IDC Fights War on Another Front

Student Union opens ‘hasbara’ room in effort to fill public diplomacy vacuum.



Montefiore Health Systems and YU Join to Run Einstein

Albert Einstein College of Medicine

Albert Einstein College of Medicine
Photo Credit: Facebook

The Albert Einstein College of Medicine of Yeshiva University is going to be run by a new entity created by Montefiore Health System and Yeshiva University, YU and Montefiore announced on Tuesday, May 27.

According to the joint statement, Montefiore will assume greater responsibility for the day-to-day operations, financial management and significant aspects of the governance of Einstein, while YU will continue to be the degree-granting institution with “a key role in the educational aspects of the entity.”

“This agreement marks an important milestone for the future of each of our institutions as well as for healthcare as a whole, ” said Steven M. Sayfer, M.D., president and CEO of Montefiore.

“We look forward to further strengthening Einstein as a major research institution that spans the scope from bench science to healthcare delivery transformation,” Sayfer added.

Richard M. Joel. president of Yeshiva University, also expressed enthusiasm for the new venture.

“We are delighted to emphasize our shared commitment to assuring the continuity and growth of the educational and research functions of Einstein while remaining a leader in medical education. At the same time, we are taking a powerful and important step towards building a financially sustainable Yeshiva University.”

The announcement explained that “it is anticipated that there will be one unified faculty, retaining academic appointments from YU, while being employed by Montefiore, as they continue to teach and mentor Einstein’s students and Montefiore residents.”

Einstein has been plagued by serious financial difficulties, largely believed to be the fallout from the Bernie Madoff scandal. Madoff was a trustee of Yeshiva University who lost millions of dollars of his clients’ investments, of which Einstein was hit particularly hard. According to Bloomberg News, the medical school operated at a deficit of nearly $106 million in 2012.

There are reports of widespread faculty pay freezes and severance offers. Layoffs are expected to begin over the next month.

 

About the Author: Lori Lowenthal Marcus is the US correspondent for The Jewish Press. She is a recovered lawyer who previously practiced First Amendment law and taught in Philadelphia-area graduate and law schools.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

Please use the Facebook Tab below to leave your comment:

2 Responses to “Montefiore Health Systems and YU Join to Run Einstein”

  1. COOOOOL WOOOOOW….

  2. Judith Dowla says:

    Perhaps Pope Francis would like to invest some monies into helping this college of medicine. And the Vatican and Rome do receive a lot of remuneration from their congregations. His name could be added to a wing at the college to acknowledge gratitude from the Pope of Rome and The Vatican. How about one of you asking him if he is up to donating some funds to carry this on through. No harm asked. Be a yes, a no or a maybe.

Comments are closed.

SocialTwist Tell-a-Friend

Loading Facebook Comments ...
Loading Disqus Comments ...
Current Top Story
Shimon Peres meets with the family of fallen IDF soldier Max Steinberg.
Four Notes on The Situation
Latest News Stories
Yad Vashem Chairman Avner Shalev

Chairman Avner Shalev: Countries must combat “expressions of anti-Semitism”

Prime Minister Netanyahu and British Foreign Secretary Philip Hammond, July 24, 2014.

Israeli leaders say London has special responsibility to stand by Israel at this hour of need; Hammond: Israel right to defend self.

Israeli man inspects damage to his home in Yehud, July 22, 2014.

Finance, Economy ministries team up to support Israeli businesses struggling under weight of non-stop rocket fire.

.

New president to take office this evening; was elected June 10 following bitter campaign

Mrs. Beck took personal interest and was hands-on, sharing with her children, grandchildren, and others the wonderful values that she stood for.

Overnight clash leads dozens of Islamic heroes to surrender; many brought to Shin Bet for debriefing

Jewish communities from around the world have stepped up to support children from southern Israel who have lived their entire lives under the threat of missile attacks from Hamas freedom fighters in Gaza. (To quote the late comedian George Carlin: If firefighters fight fire, and crime fighters fight crime… what do freedom fighters fight? But […]

As Peres retires, Israel fights sour legacy: Insistence on setting policy in line with hopes, rather than with reality.

Did the U.S. allow Hamas terrorists rule Israel’s skies? Why would the Obama administration do that?

The IDF has reportedly stabilized its lines and is now focusing on mapping out and destroying the terror tunnels they have uncovered.

Hamas terrorists are counting on human shields as ammunition against Israel. It won’t stop the IDF, Netanyahu says.

The Iron Dome team was busy Thursday with a dozen missiles fired at metro Tel Aviv.

IDF troops destroyed another 34 targets overnight, totaling 3,400 terrorist targets hit in Operation Protective Edge so far.

A law is on the table to strip parliamentarians of their status and citizenship if they back and endorse terrorism — as Balad MK Hanin Zoabi has.

2:22pm Yad Mordechai, Netiv Ha’Asara 2:04pm Ashkelon, Ashdod 2:02pm Kiryat Gat, Gedera 2:01pm Zikkim, Karmiya, Be’er Tuvia, Kiryat Malachi 12:30pm Netivot, Kfar Maimon and surrounds 11:35am Sderot and surrounds 11:18am metro Tel Aviv, Ramat Hasharon, Herzliya 10:59am Bnei Brak, Ramat Gan, Bat Yam, Holon, Elad, Petach Tikvah, metro Tel Aviv 10:58am Gan Sorek, Rishon Lezion, […]

More Articles from Lori Lowenthal Marcus
Senator Ted Cruz (R-TX) wants answers about the FAA ban on flights to Israel.

Sen Ted Cruz wants the administration to give straight answers to questions about the FAA ban on Israel.

U.S. President Barack Obama

Why is the ban on Israel’s airport different from all other FAA bans?

US extends ban on flights to Israel despite lack of such precaution in similar or worse situations.

Golani brigade commander was hospitalized after being wounded, but he returned to the battlefield to complete the mission.

The Ruderman Family Foundation rewards Jewish organizations for promoting inclusion of those with disabilities.

Israel’s transportation minister said cancelling flights to Israel is like handing a prize to terrorists.

Turkey is attempting to be seen as the protectorate for the Palestinian Arabs.

Members of congress should experience Israelis’ lives. Bomb Shelter Museum will be in D.C. July 22.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/montefiore-health-systems-and-yu-join-to-run-einstein/2014/05/28/

Scan this QR code to visit this page online: