The university and the hospital each is providing $10 million, the note said. The $25-million contribution from the faculty foundation consists of expense reimbursements, including advance transfers of projected operating surpluses, and self-insurance premium credits released to the foundation from insurance reserves.Hmmm. "Unspecified deficit." Are we seeing a medical education cost bubble beginning to burst?
Besides covering an unspecified deficit at the school, the cash infusion will provide academic program support, the note said.