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UofL president says school's alliance with KentuckyOne Health 'has had its challenges'
Reported by: Associated Press
Reported: Saturday, July 12, 2014 10:45 AM EDT
University of Louisville President James Ramsey says the school's 16-month-old alliance with the financially-struggling hospital company KentuckyOne Health "has had its challenges."
Ramsey says the company has met its contractual obligations, but he would have preferred having more money up front. That way, he says it could be invested in programs more quickly or programs could be launched with the knowledge that the money is there.
Ramsey's comments come as KentuckyOne works to close a $218 million deficit. In February, the company laid off about 500 workers.
Information from: The Courier-Journal, http://www.courier-journal.com