I am writing to share some positive news about UTMB’s financial status now that we have passed the midway point in Fiscal Year 2022. As of April 30, UTMB’s Adjusted Margin for the month was $21.6 million, which was $6.1 million favorable to planned results. Year-to-date, UTMB’s Adjusted Margin was $7.7 million, which was $1.0 million favorable to planned results. 

Because of this achievement—and understanding the impact overall inflation and higher gas prices are having on personal budgets—the UTMB Executive Leadership team has decided to expedite payment of FY22 Team Awards. I am very pleased to announce that eligible UTMB Classified employees will receive a Team Award of $500 (before taxes) through a payment issued on Friday, May 27. 

Eligible employees are those who:

• are in a Classified, benefits-eligible position,
• have at least 6 months of continuous, active employment as of the May 27 payout date,
• are not participating in an at-risk or faculty compensation plan, and
• have had no corrective action taken related to job performance since Sept. 1, 2021.

While our ability to issue Team Awards depends on our financial performance, the awards also are one way the executive leaders and I can express our deep appreciation for your hard work and commitment to advance our education, research and patient care missions.

You are there for each other and for those we serve every day, no matter the challenge. What you do at UTMB matters so much to so many people. We are honored to work together with you.

On behalf of the Executive Leadership team, thank you!

Sincerely,

Ben G. Raimer, MD, MA, FAAP

President