AMCs need philanthropreneurs
The rapidly changing healthcare landscape has created both threats and opportunities for major research universities and their affiliated academic medical centers (AMCs). Old business models no longer work and technology has transformed almost every aspect of clinical care. In addition, the research model is broken and academic medical centers and graduate and professional schools are not properly preparing increasing numbers of graduate students with the knowledge, skills and abilities they need to succeed in non-academic careers.
Consequently, AMCs need to change how they fulfill their missions of clinical care, research, and teaching. As a result, university advancement and fundraising professionals are rethinking traditional strategies and tactics given the emergence of entrepreneurs interested in making an enormous difference by practicing philanthropreneurship and venture philanthropy.
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