… in the Minneapolis Star Tribune notes that the most charitable description of what’s been going on at the clubby University of Minnesota medical school would be “bizarre.”
Saturday, April 6, 2013
Points to Ponder:
The same arguments being used to justify the U's takeover of Fairview were used to justify the U's original sale of its hospital to Fairview.
(Sale - perhaps not the appropriate word to use...)
My friend and fellow alum Michael McNabb writes via email:
From December 1995 through December 1996 the U of M administration used words like "synergy" and "world class" to describe the benefits of selling the U of M Hospital to Fairview. Now the administration is using those same words to describe the benefits of taking over the Fairview Health System.
From the Board of Regents meetings of October 1995 through January 1996 at:
p. 207 meeting of 12-7-95
p. 222 meeting of 12-8-95
p. 230 meeting of 12-15-95
p. 246 meeting of 1-11-9
p. 256 meeting of 1-9-96
p. 266 meeting of 1-12-96
From the B of R meetings of February 1996 through April 1996 at:
p. 350 meeting of 3-8-96
From the B of R meetings of July 1996 through October 1996 at http://conservancy.umn.edu/bitstream/49132/1/0042uarc.pdf:
p. 38 meeting of 7-29-96
From the B of R meetings of November 1996 through February 1997 at:
p. 196 meeting of 12-13-96
The U of M administration allocated $5 million (in 1996 dollars) for costs to be incurred in selling the U of M Hospital to Fairview.
See pp. 222-223 of the 12-8-95 B of R meeting.
What would be the cost of taking over (or merging with) with Fairview?
What would be the source of the funds?
Michael W. McNabb
at 8:55 AM