Review of US medical school finances, 1998-1999. 2000

J Y Krakower, and T Y Coble, and D J Williams, and R F Jones
Institutional Data Systems, Association of American Medical Colleges, 2450 N St NW, Washington, DC 20037, USA. jykrakower@aamc.org

Based on data from the Annual Medical School Questionnaire of the Liaison Committee on Medical Education, to which 100% of the 125 accredited allopathic US medical schools responded, we found that revenue supporting programs and activities of the 125 accredited medical schools in the United States totaled $39,761 million in 1998-1999. Three sources accounted for 79.3% of total revenues: practice plans ($13,724 million; 34.5%), grants and contracts ($11, 982 million; 30.1%), and hospital support ($5814 million; 14.6%). In the aggregate, total revenues increased by 7.4% between 1997-1998 and 1998-1999, a consequence at least in part due to a 2.9% increase in the number of full-time faculty. The largest increase in dollar amount came from grants and contracts ($1101 million; 10.2% increase). Revenue increases were not evenly distributed across the schools. Increases of 10% or more in key revenue sources-practice plans and hospital support-were reported by approximately one fourth of all schools. Another one fourth reported decreases in these same sources. JAMA. 2000;284:1127-1129

UI MeSH Term Description Entries
D005381 Financing, Organized All organized methods of funding. Community Financing,Grants,Organized Financing,Financing, Community,Grant
D012577 Schools, Medical Educational institutions for individuals specializing in the field of medicine. Medical Schools,Medical School,School, Medical
D014481 United States A country in NORTH AMERICA between CANADA and MEXICO.

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