web analytics
November 28, 2014 / 6 Kislev, 5775
At a Glance
News & Views
Sponsored Post
IDC Herzliya Campus A Day on Campus

To mark IDC Herzliya’s 20th anniversary, we spent a day following Prof. Uriel Reichman, IDC’s founder and president, and Jonathan Davis, VP for External Relations, around its delightful campus.



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.

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

Current Top Story
IDF Chief Rabbi Rafi Peretz delivers lecture.
IDF Chief Rabbi: Nothing is Holy to Muslims on Temple Mount except Al Aqsa
Latest News Stories
IDF Chief Rabbi Rafi Peretz delivers lecture.

“Ninety percent of them [Arabs] don’t know what is written in the Kuran.”

Soldiers start asking questions after Arab sniper narrowly misses killing Jewish motorist on Highway 60, south of Jerusalem.

A Palestinian Authority gunman shot bullet holes in the door of the car of a Jewish motorist on Highway 60 near Hebron Thursday, but the driver, Israel Zaeera, escaped injury. “A tremendous miracle happened here,” he said. It was the second attempt by Arab terrorists to shoot and kill Jews in two days. As reported […]

Nazi loot hoarder Cornelius Gurlitt.

The Gurlitt Museum promises all looted art will be returned to the rightful owners.

The Holy Ark in the Knesset synagogue.

Liberal Jews are for tolerance until they also have to be tolerant.

Israeli Shayetet 13 Naval commandos discovered a wounded fellow swimmer in the water, while they were doing a training exercise on Thursday morning. The commandos helped and treated the dolphin until a marine animal doctor could arrive to help it further. By the way, the temperature in Israel was between 52-66 degree Fahrenheit on Thursday, […]

A pre-Thanksgiving speech for Americans. Obama, are you listening?

“You’ve been hacked by the Syrian Electronic Army.”

Murderers have upgraded their weapons from rocks and firebombs to guns.

Thanksgiving is an American secular holiday that most Jews have no problem celebrating due to its lack of overt religious symbols (unlike the American holidays right before and after it). Still, there are always holdouts for some reason or another. Let’s hear what you do…

Maybe he thought those white hoods are prayer shawls although they are closer to being burkas.

As the expression goes, “Don’t bring a knife to a gunfight.”

Hamas snipers fired from Gaza at an IDF routine patrol operating along the security fence early afternoon on Thursday. No injuries were reported, and the vehicle was damaged. The IDF responded with an artillery shell aimed at the source of fire.

Jacob Richman found this amusing mistake in the store. Do we eat these “extra crispy” soap nuts, or wash the dishes with them?

For every terrorist cell Israel announces it has captured, there are many more kept under wraps.

On Monday evening, tTwo Arab MKs hurled epithets at MKs David Rotem and Feiglin from the podium. Here is Feiglin’s response.

Most significantly, both sides made progress until they talked about the status of Jerusalem.

More Articles from Lori Lowenthal Marcus
U.S. Supreme Court Justice Ruth Bader Ginsburg

U.S. Supreme Court Ruth Bader Ginsburg had heart surgery on Wednesday, Nov. 26.

Ferguson, Missouri: rioting against racism, encouraging murder

The malicious manipulation of frustrated fury is surely as egregious as merely perceived racism.

Turkish legislator proposes Turkey pass law naming Israel a terrorist state.

ISIS reportedly executes by stoning two allegedly gay males in Syria.

Son of Isaac Bashevis Singer, Israeli author Israel Zalman, dead at 85.

Is the West about to provide Iran with a major concession in order to reach an “historic” (but empty) deal?

Arab pathologist who originally agreed with the findings of Arab bus driver’s autopsy showing suicide, now disagrees.

US can’t understand why the UAE is calling terrorist groups terrorist groups.

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: