ERIC Number: ED200176
Record Type: RIE
Publication Date: 1980-Nov
Reference Count: 0
A Report on Medical School Recipients of Financial Distress Grants. Executive Summary, November 1980.
Cooperman, Michael J.; And Others
A study designed to identify and analyze the factors of success associated with eight medical school recipients of Financial Distress Grants from the Health Resources Administration is briefly summarized. "Factors of success" refers to actions proposed and taken by the medical schoools as grant recipients, and the extent to which these actions were successful in contributing to the financial stability of the schools. Seven of the medical schools proposed a series of actions that would improve their fiscal posture, and one school received funds solely to implement actions that would allow it to maintain its accreditation. The grants helped the medical schools to fund their operating deficits during financially difficult periods, while undertaking a series of actions designed to improve their financial situations. The actions that were instituted most often by the eight schools were: increasing tuition, controlling salaries and positions, conducting internal cost studies, increasing practice plan income, obtaining or increasing state or state-like aid, revising management structure of personnel, and increasing contributions. Revenue-producing actions were more commonly employed and had more impact on the financial performance of the schools than did cost-control measures. The two actions that had the greatest impact on the financial performance of the medical schools were to increase tuition and increase practice plan income. Charts that compare the actions taken by the schools (coded to insure anonymity) are included. The medical schools are identified in the introduction (and in HE 013 669). (SW)
Descriptors: Accreditation (Institutions), Comparative Analysis, Cost Effectiveness, Economic Factors, Educational Finance, Federal Aid, Financial Support, Fiscal Capacity, Grants, Higher Education, Income, Medical Schools, Operating Expenses, Personnel Policy, Private Financial Support, Salaries, State Aid, Tuition
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Health Resources Administration (DHHS/PHS), Hyattsville, MD.
Authoring Institution: Cresap, McCormick, and Paget, Inc., Washington, DC.
Identifiers: Creighton University NE; Financial Distress Grants; George Washington University DC; Georgetown University DC; Meharry Medical College TN; New York Medical College; Saint Louis University MO; Temple University PA; Tulane University LA; University of Nevada Reno
Note: For related document, see HE 013 669.