Review of US medical school finances, 1995-1996
J. L. Ganem and J. Krakower
Section for Operational Studies, Association of American Medical Colleges, Washington, DC 20037-1127, USA. jganem@aamc.org
For the 1995-1996 fiscal year, all 125 accredited US medical schools
responded to the annual medical school questionnaire of the Liaison
Committee on Medical Education, part I-A. Using data from the financial
portion of the questionnaire, we identify patterns of financing medical
education during the past 3 years and the practice plan arrangements
adopted by medical schools, including their organizational and legal
structures. This financial review details differences in how public and
private medical schools are being funded and funding changes during the
past 3 years. The reported data show that revenues supporting medical
school programs and activities totaled more than $31 billion in 1995-1996,
an increase of 5.4% in inflation-adjusted dollars during the previous year.
Compared with the previous year, revenues, in current and constant dollars,
increased in almost every category in 1995-1996.
