Advertising by Academic Medical Centers

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Abstract
Academic medical centers are among the most valued public institutions in the United States. They possess a rich history, having housed many of the major figures of American medicine and numerous landmark innovations in clinical care. They have gone on to become the preferred site for clinical training of young physicians, the primary source of highly specialized medical care, and the sole health care provider for many of the poor in America’s largest cities. Their public value has been recognized in unambiguous terms—with large amounts of public money.1,2