Interns, Residents, and Fellow Physicians Deserve Equity!
Dr. Danny Jacobs, OHSU President
Interns, Residents, and Fellow Physicians Deserve Equity!
To:
Dr. Danny Jacobs, OHSU President
From:
[Your Name]
Dear Dr. Jacobs,
House Officers have bargained for 224 days in a time of unprecedented stress for physicians. Our proposals remain innovative and focused on diversity and equity to specifically address the concerns of women, parents, and underrepresented minorities in medicine.
Here is what we know about OHSU’s finances:
OHSU’s financial position is stable and their position appears strong despite the COVID-19 pandemic
OHSU is a similar size to west coast peers but with more cash on hand and better margins
OHSU gets more in medicare graduate medical education payments than comparable institutions
OHSU’s net worth – its assets minus its liabilities – stood at $3.6 billion as of June 30th 2020, down just $14 million from June 30, 2019
Cash and investments were $2.9 billion at the end of August, up from $2.7 billion at the end of 2019
OHSU has received $48 million in CARES Act money from the federal government to make up for COVID-19 losses
State funding was not cut during special summer legislative session
Last year (ended June 30), investment returns were an estimated $62 million
HOU member compensation is well below our west coast peers
We are advocating for:
A housing stipend: $7,000, $7,500, $8,000 annually per resident
Annual Salary Stipend: 2.5%, 2.75%, 3% per contract year
Licensure and Equipment: paid by OHSU
Retirement: 4% contribution
Meals: improvement to the existing meal policy and cafeteria discount
A workroom taskforce
Healthcare resources: cost of out-of-network healthcare for residents outside coverage area paid by OHSU
Parking: paid by OHSU
Dr. Jacobs - The OHSU management bargaining team must bargain in good faith, please encourage them to agree to our 10/8/2020 proposal.