Dartmouth College Looks For Ways To Reduce Medical School's Deficit
Dartmouth College officials have unveiled a reorganization plan for the Geisel School of Medicine designed to reduce the school's sizable annual structural deficit.
The Valley News reports Geisel had operating expenses of $250 million in the fiscal year that ended on June 30.
While the medical school is part of Dartmouth, it receives some financial support from the college's medical system affiliate, Dartmouth-Hitchcock.
Interim Dean Duane Compton says revenue streams that historically supported medical schools have evened out in recent years.
Compton's plan proposes that Geisel transitions from departments to inter-disciplinary divisions, which he says will cut $15 million a year from the school's projected annual deficit of $26 million to $28 million.
After gathering input, Compton will return to seek trustees' final approval on his plan in November.