Allegheny University of the Health Sciences (1994–1998) was a medical school in Philadelphia that was formed in 1994 through a merger of the Medical College of Pennsylvania (MCP) and Hahnemann University. As part of MCP Hahnemann School of Medicine, the largest private medical school in the United States, Allegheny University was under the new University of the Health Sciences, which also included schools for allied medical disciplines. Prior to the merger, the Medical College of Pennsylvania had been the first medical school to be purchased by a hospital (Pittsburgh's Allegheny General Hospital). The new university and other hospitals all were units of the Allegheny Health, Education and Research Foundation (AHERF).
On July 21, 1998, Allegheny University of the Health Sciences became the first US medical school to declare bankruptcy with a deficit of $25–35 million as part of the financial collapse of the parent organization, which had run up a deficit under the policy of rapid expansion led by its president Sherif S. Abdelhak claimed to be $1.3 billion.[1][2] Eight of the hospitals were taken over by the for-profit Tenet Healthcare Corporation in a deal where Tenet acquired the schools of the university, but induced Drexel University to manage them as the MCP Hahnemann University of Health Sciences.
^ Maguire, Phyllis (December 1998). . ACP-ASIM Observer. American College of Physicians-American Society of Internal Medicine. Archived from the original on 2006-05-14. Retrieved 2006-10-17.
^Holden, Constance (August 28, 1998). "Medical School Caught Up in Pennsylvania Hospital Debacle". Science. 281 (5381). American Association for the Advancement of Science (AAAS): 1258–1259. doi:10.1126/science.281.5381.1258. JSTOR 2896390. PMID 9735035.
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allegheny, university, health, sciences, 1994, 1998, medical, school, philadelphia, that, formed, 1994, through, merger, medical, college, pennsylvania, hahnemann, university, part, hahnemann, school, medicine, largest, private, medical, school, united, states. Allegheny University of the Health Sciences 1994 1998 was a medical school in Philadelphia that was formed in 1994 through a merger of the Medical College of Pennsylvania MCP and Hahnemann University As part of MCP Hahnemann School of Medicine the largest private medical school in the United States Allegheny University was under the new University of the Health Sciences which also included schools for allied medical disciplines Prior to the merger the Medical College of Pennsylvania had been the first medical school to be purchased by a hospital Pittsburgh s Allegheny General Hospital The new university and other hospitals all were units of the Allegheny Health Education and Research Foundation AHERF On July 21 1998 Allegheny University of the Health Sciences became the first US medical school to declare bankruptcy with a deficit of 25 35 million as part of the financial collapse of the parent organization which had run up a deficit under the policy of rapid expansion led by its president Sherif S Abdelhak claimed to be 1 3 billion 1 2 Eight of the hospitals were taken over by the for profit Tenet Healthcare Corporation in a deal where Tenet acquired the schools of the university but induced Drexel University to manage them as the MCP Hahnemann University of Health Sciences In 2002 the MCP Hahnemann University of Health Sciences was merged into Drexel University as the Drexel University College of Medicine and the Drexel University College of Nursing and Health Professions References edit Maguire Phyllis December 1998 Allegheny s failure sends shock waves through academia ACP ASIM Observer American College of Physicians American Society of Internal Medicine Archived from the original on 2006 05 14 Retrieved 2006 10 17 Holden Constance August 28 1998 Medical School Caught Up in Pennsylvania Hospital Debacle Science 281 5381 American Association for the Advancement of Science AAAS 1258 1259 doi 10 1126 science 281 5381 1258 JSTOR 2896390 PMID 9735035 nbsp This article about a university or other higher education institution is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Allegheny University of the Health Sciences amp oldid 1178300356, wikipedia, wiki, book, books, library,
