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September 2, 1992

US Medical School Finances

Author Affiliations

From the Section for Operational Studies (Ms Jolin and Drs Jolly and Krakower) and the Division of Medical Student and Resident Education (Dr Beran), Association of American Medical Colleges, Washington, DC.

JAMA. 1992;268(9):1149-1155. doi:10.1001/jama.1992.03490090095024

THIS 32nd review of medical school finances reports revenue and expenditures for all 126 fully accredited US medical schools for fiscal year 1990-1991 and identifies trends in the financing of medical education. The data also reflect changes across a 30-year period in the number of faculty, house staff, and medical students.

DATA SOURCES AND CHARACTERISTICS  Data were derived from medical schools' responses to the annual questionnaire of the Liaison Committee on Medical Education (LCME). For financial reporting, the LCME defines a medical school in terms of its faculty activities, including research and patient care as well as instruction. All revenues and expenditures that support the school's full-time faculty and their activities are included, whether or not these are recorded in medical school accounts. This definition makes the finances of medical schools with different organizational forms more nearly comparable.Many other organizational entities provide financial support for medical school activities. The