1:47 pm
May 13, 2020
The Office of Financial Management (OFM) has allocated $21.9 million to the University of Washington from the funds appropriated by the Legislature for response to COVID-19. This round of funds will go to UW Medicine “to mitigate the spread of COVID-19.” (In the first round of distributions on March 18, UW received $10.0 million for coronavirus testing.)
Of the $200 million that was appropriated in EHB 2965, $190.8 million has been spent.
Speaking of UW Medicine, the Seattle Times reports that its losses due to the cancellation of elective procedures, new expenses related to COVID-19, and “lost opportunities to implement new programs designed to improve care in the most cost-effective manner” are expected to total $500 million “by the end of summer.”
Categories: Budget , Economy.Tags: COVID-19 , state action on COVID-19