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It is still occurring. Yet another article, this time in the Houston Chronicle, says that UTMB is in the black after years of being in the red. People listening to UTMB management had to listen closely to what they said. They would start out talking about the operating margin or the operating budget being in some sort of deficit, and then dropped the operating part and just talk about the deficit. Year after year of annual financial statements show that after all sources of revenue were added into the formula, UTMB was in the black. Actually, UTMB has been in the black most years. Admittedly, when Hurricane Ike struck, UTMB was in financial trouble to some extent, given the UT System's refusal to rescue the institution.To this day, I do not believe that financial trouble could possibly justify what was done to faculty. The recent AAUP report tends to support that conclusion.
And now we have the chief financial officer of UTMB offering a variety of reasons for why they're in the black now, but there's one reason he virtually skirts around. That reason, of course, would be the layoffs. 3000 people laid off will certainly trim a lot of money from a budget. UTMB learned that lesson well, if the recent decision to lay off over 300 prison health care employees is any indication. The reasons that the chief financial officer does give are disturbing to me. For instance, the CFO mentions more paying patients and fewer indigent patients. While I am proud that UTMB is getting more paying patients, I am afraid that they may be getting those patients at Galveston's expense. The new Victory Lakes campus in League City would seem to be part and parcel of a headlong rush to more wealthy patients, while fewer indigent patients would seem to be the direct opposite of going for the paying patients. Galveston has had a traditional role in treating indigent patients all over the state. I recognize that the legislature has not reimbursed UTMB adequately for this service. That said, one would think the humanitarian effort would override the state's budget peccadillos. Apparently, UTMB management does not think so. They are already making plenty of noise about losing money in prison inmate health care. I think the writing is just about on the wall. Yet another lesson that UTMB management has learned well is that the public has a short memory
GALVESTON — Although other campuses in the University of Texas system are forecasting deficits, the University of Texas Medical Branch is in the black after years of red ink and a disastrous period following Hurricane Ike, UTMB's financial officer said last week.
UTMB was losing $40 million a month after the hurricane struck Galveston almost two years ago.
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