Hadassah University Hospital, facing a $49.4 million deficit for its two hospitals in Jerusalem, is seeking to cut wages.
Wage cuts of 2 percent for a two-year period are part of a recovery plan that the hospitals’ management is seeking to institute, the daily Haaretz reported.
Hadassah has hospitals in Jerusalem at Ein Kerem and on Mount Scopus.
The hospitals do not get government support, but rather rely on payments from health maintenance organizations, accounting for 96 percent of revenues. Other funding comes from Hadassah, the Women’s Zionist Organization of America, which itself has experienced financial difficulties in recent years and has cut the amount it gives to the hospitals.
Hadassah did, however, contribute more than $363 million for a new hospital tower at the Ein Kerem campus. — jta