Financial pressures are forcing the closure of some teaching hospitals and retrenchment using such strategies as development of ambulatory care and satellite facilities, merging with or acquiring other hospitals, and shortening patient hospital stays. A table lists revenues and profit margins for the 20 largest university-owned teaching hospitals.…

College/university trustees must constantly remind themselves that each resource decision, either near or long term, is connected directly to institutional mission. Annual measures cover too short a time period, and a balanced budget is irrelevant if institutional leaders do not understand mission and future needs. Changing demographics, public…

This report on Virginia higher education briefly reviews the impact of economic recession, slashed budgets, increased tuition, and increasing politicization upon the state's higher education system, and then looks ahead to issues critical to the higher education's future in the state. The report proposes action in three areas: (1) adequate funding…