Harvard Med School Gets Bailout From Hospitals

June 21, 2010

Harvard University's medical school, suffering from its endowment decline, has negotiated a deal in which hospitals with which it works will provide $36 million for operations over the next three years, The Boston Globe reported. Harvard's medical school has been unusual in being able to rely largely on endowment income and research grants, but that is no longer viable. As part of the negotiations for the funds, the hospitals asked for speedier decisions on matters involving their doctors and for detailed information about the medical school's finances.

Be the first to know.
Get our free daily newsletter.


+ -

Expand commentsHide comments  —   Join the conversation!

Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

What Others Are Reading

  • Viewed
  • Past:
  • Day
  • Week
  • Month
  • Year
Back to Top