News Release: University News

Dec. 18,  2008

Emory Makes $20 Million Contribution to Grady

From Woodruff Health Sciences Center News

Emory University has agreed to credit Grady Health System with $20 million of the $62 million debt that Grady owed the University as of January 1, 2008.

The voluntary contribution is Emory’s commitment to the business community’s current philanthropic campaign for Grady, which plays a vital role for all of Georgia as the Atlanta metro region’s only Trauma I center and the state’s largest indigent care hospital.

"This is real money, earned by real faculty physicians working under the terms of a mutually agreed upon contract with the Fulton-DeKalb Hospital Authority," says Thomas J. Lawley, MD, dean of the School of Medicine.

"Although it comes at a time of significant budgetary constraint for the School of Medicine, we also know that shared sacrifice from all of the Atlanta health care community will be required if Grady is to achieve our common goal of not only surviving, but thriving," says Lawley.

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