Yeshiva University has finalized an agreement to transfer the operations and finances of its medical school to the Montefiore Health System. Under the agreement, Montefiore will assume operational authority and responsibilty for Y.U.’s Albert Einstein College of Medicine, while Y.U. remains responsible for academic oversight, including the granting of degrees, the two institutions said in…
JTA) — Yom Ha’atzmaut, Israel’s Independence Day, falls on April 23. In honor of the Jewish state’s 67th birthday, we present, in no particular order, 10 little-known aspects of its history. 1) El Al used to fly to Tehran. Iran and Israel enjoyed mostly good relations up until the Islamic revolution that overthrew the shah…
More than 2,500 employees at Yeshiva University’s Albert Einstein College of Medicine will soon get notices from the school warning that they could be laid off this summer. The notices are being prepared as YU gets set to transfer much of its control over the medical school to Montefiore Health System. It is unclear how…
Ninety-two universities in North America have endowments of more than $1 billion. Yeshiva University’s was the only one that shrank in value last year. Y.U.’s endowment fell $90 million, from $1.18 billion to $1.09 billion, according to an annual survey by Commonfund and the National Association of College and University Business Officers. During the same…
Yeshiva University has shed the burden of its prestigious but money-losing medical school, the Albert Einstein College of Medicine, amid a financial crisis that has drained $90 million — or 8% — of its endowment in the past year, The university still faces grim financial challenges, as well as the task of reassuring a faculty…
Yeshiva University has revived a deal to offload its costly medical school. Students learned today that Montefiore Health System is close to finalizing the on-again off-gain agreement take over the operations and financial responsibility for the Albert Einstein College of Medicine. Einstein’s dean, Allen Spiegel, told 200 students a rally on Tuesday morning that the…
Yeshiva University’s plan to shed its cash-draining medical school to Montefiore Health System has collapsed. The breakdown of Y.U.’s plan to hand over operational and financial responsibility for the Albert Einstein College of Medicine, revealed in a December 9 report by Moody’s Investors Service, has exacerbated Y.U.’s financial woes. Moody’s left its B3 junk status…
Thousands of documents including the scientific research and personal writings of Albert Einstein have been put online as a free searchable database. Five thousand documents from the first 44 years of the scientist’s life opened online Friday via Princeton University Press. The database, called the Digital Einstein Papers, is part of the Einstein Papers Project….
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