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The Business of Healing
Joseph Kumka
2 episodes
23 hours ago
Healthcare podcast covering hospital systems, medical education, physician employment, healthcare policy, and the future of academic medicine. Exploring corporate healthcare, nonprofit hospital governance, medical school funding, and patient care quality. Real cases, expert analysis, systemic change.
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All content for The Business of Healing is the property of Joseph Kumka and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Healthcare podcast covering hospital systems, medical education, physician employment, healthcare policy, and the future of academic medicine. Exploring corporate healthcare, nonprofit hospital governance, medical school funding, and patient care quality. Real cases, expert analysis, systemic change.
Show more...
Business
Education
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Power, Money, and the Fight for Academic Medicine
The Business of Healing
13 minutes
5 days ago
Power, Money, and the Fight for Academic Medicine

The Hidden Hospital: Power, Money, and the Fight for Academic Medicine

When you see "University of Minnesota Medical Center" above a hospital entrance, you assume it's where the state's brightest medical minds teach, research, and heal. But what if that prestigious name is just branding, and the reality underneath is far more complicated?

In this episode, we investigate a 30-year power struggle that began with a desperate financial rescue and has now erupted into a full-blown institutional crisis. In 1997, the University of Minnesota sold its failing hospital to Fairview Health Services for $87.5 million, and even paid them $20 million to take it. The deal was supposed to save academic medicine in Minnesota. Instead, it set the stage for a slow-motion divorce.


What you'll learn:

  • How a deal between Fairview and university physicians blindsided university leadership in 2025
  • Why the Medical School dean voted against his own doctors' agreement
  • What happens when academic medicine becomes a "side hustle" squeezed between clinical productivity targets
  • The hidden transformation happening at academic medical centers nationwide
  • Why a university that lost its hospital decades ago may never get it back

This isn't just about Minnesota. It's about what we lose when healthcare becomes purely business, and why the deals we make in crisis can reshape our future in ways we don't understand until it's too late.

This is an AI generated podcast from most current available sources. 

The Business of Healing
Healthcare podcast covering hospital systems, medical education, physician employment, healthcare policy, and the future of academic medicine. Exploring corporate healthcare, nonprofit hospital governance, medical school funding, and patient care quality. Real cases, expert analysis, systemic change.