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W&M Medical School - EVMS merger
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WMInTheBurg Offline
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Post: #53
RE: W&M Medical School - EVMS merger
(03-09-2024 05:50 PM)nogretheogre Wrote:  Yeah, again, summaries of these committees are nowhere to be found. It is uncommon and less desireable for medical schools to own hospitals. Those that still do tend to hemorrhage money and there has been a long-standing trend to allow corporate entities to take over. Georgetown is owned by Medstar. Columbia and Cornell by New York Presbyterian. Many of those that seem to be owned by universities are actually owned by similarly named corporate entities that are separate from the university (similar to the WM Real Estate Foundation).

It may well have been that the hospitals in question were owned by Sentara, and that there was a significant risk if Sentara was not willing to be a partner at the right price. That seems likely given what information we have available. Have you sent email to the President's office or to the BOV asking for more information, or specifically the committee results?
03-09-2024 07:34 PM
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RE: W&M Medical School - EVMS merger - WMInTheBurg - 03-09-2024 07:34 PM



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