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Correspondence
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Volume 336:1762-1763 June 12, 1997 Number 24
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The Folly of Teaching-Hospital Mergers

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 by Andreopoulos, S.
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To the Editor: As the great academic health care centers of the United States respond to a marketplace increasingly driven by finances, in which the cost per unit of service becomes the key measure of interest to managed-care organizations, there is concern that our long-standing commitment to teaching, research, and care for the uninsured will be eliminated. Mergers between academic medical centers, motivated by declining revenues and market share as a result of the centers' high costs, create understandable anxiety among academic leaders, given the difficulty of quantitatively assigning value to these public goods.

The proposed merger between the New . . . [Full Text of this Article]

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