A Model for the Funding of Clinical Faculty in a Municipal Hospital
During the decade of 1969–1979 medical school revenues increased from $1.4 billion to $4.9 billion. Federal support for biomedical research doubled over the same period of time, but fell from 30% of total revenues in 1969 to 18% of total revenues in 1979. While the percentage of federal research dollars was decreasing, income from academic practice plans (professional fees) rose from 4% of revenues in 1969 to 14.8% in 1979.1
KeywordsMunicipal Hospital House Staff Clinical Faculty Practice Plan American Medical College
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