Cash reserves held by Oregon Health & Science University decreased by $250 million for the fiscal year ending June 30, 2025, and its cash-on-hand days have slipped from 170 to 136.
Amid the turmoil of its tenuous financial situation, 8,500 OHSU workers are pressing for a contract settlement that will guarantee them a living wage and affordable health insurance.
OHSU employees seeking a living wage and better health insurance are represented by the AFSCME Local 328, a labor union affiliated with the American Federation of State, County and Municipal Employees.
The union has previously stated that the OHSU is stalling negotiations on improved benefits, and that proposals for a better wage structure are falling short of demands.
The Operating Loss for the Fiscal Year Amounts to $133 milli