Chief Healthcare Executive February 10, 2025
Universities say the abrupt cuts will delay research, lead to job cuts, and hurt hospitals and academic institutions. The Trump administration says it’s aiming to spend less on overhead.
The National Institutes of Health is cutting billions of dollars in funding, and academic institutions said the reductions are going to hurt medical research and cost jobs.
Researchers expressed a mix of outrage and alarm after the NIH announced the cuts without warning Friday night. The NIH is the government’s largest source of federal funds for medical research.
In announcing its decision, the NIH says it is capping “indirect” costs as the agency is aiming to ensure money goes toward research rather than overhead costs. The NIH said online that the...