Johns Hopkins University & Medicine - Development and Alumni Relations’ Post

UNDER WORST CLIMATE CONDITIONS. ALL WALLS THE CARGO METAL CONTAINER DESIGNED SUPER-HEATING-RADIATORS. ** FRANCOISE BETTENCOURT MEYERS L'OREAL HEIRESS c/o: ODEON RESTAURANT & CAFE. TRIBECA NY WHAT'S ON THE TABLE UPSTAIRS.? I HOPE A NY HAMPTON BEACH HOUSE.! LATE JOSE' CHEF & LOUIE BILL & MELINDA GATES FOUNDATION GATESFOUNDATION.org TENRI CULTURAL INSTITUTE tenri.org https://lnkd.in/e55sRd8b https://lnkd.in/eB98Jnv9 WonderMind.com: CRYPTO-FINANCE & REYGITONIUM-G MR. MS. TEEFEY & SELENA GOMEZ-RARE-SUPERSTAR. TCI GALLERY SPRING 2024 THEMES. CRYPTOCURRENCY & REYGITONIUM-G TO WHOM IT MAY CONCERN: I ABSOLUTELY SEE NOTHING WRONG WITH CRYPTOCURRENCY: REYGITONIUM-G I CAN UNDERSTAND WHY THE INFANT DEMOCRATIC-CAPITALISTIC MINDS OF TODAY BLAME USA GOVERNMENT. THEN IS ANY GOVERNMENT TO BE BLAMED FOR HOMELESS PROBLEMS PLAGUING THE WORLD.? NO. GOD KNOWS HEADACHES USA GOVERNMENT HAVE WITH THE FOREIGN AFFAIRS. THE NEW WORLD PRACTICALLY SHOCK TO WITNESS. PEOPLE ONLY WORKING TOGETHER FOR A COMMON GOAL. "IN THE PURSUIT OF HAPPINESS." DOESN'T THAT ALSO INCLUDE THE HOMELESS. THE HOMELESS ARE OUT THERE. ARE YOU.? HOMELESS.. OPPORTUNITY MISUNDERSTOOD. The modern economic system is a market economy, which is a capitalist economy where people, not the government--NOT THE GOVERNMENT--own most businesses. In a capitalist economy, prices allocate capital and labor between competing uses, and capital assets can be privately owned and controlled. https://lnkd.in/eB98Jnv9 EXAMPLE, IF YOU NEED TO RAISE MONEY FOR ANY REASON OR MORE SO LETS SAY THE "HOMELESS" PROBLEM WHICH IS BELIEVED TO BE TIME & MONEY CONSUMING BUT IN ONE DIRECTION TOWARD THE HOMELESS. HOWEVER CRYPTOCURRENCY CAN POSSIBLE ALLOWS AN EXPENDITURE OF CURRENCY TO BENEFIT ALL WHO USES THE CRYPTO & REGARDLESS OF HOW IT'S CONSUMED. THEREFORE IF A CRYPTO HOMELESS CURRENCY REYGITONIUM-G EXISTED IT'S MORE HIGHLY LIKELY THAT THE HOMELESS PROBLEM CAN BE VANQUISHED BECAUSE CURRENCY-FINANCES IT'S ALWAYS AVAILABLE TO BE TAPPED INTO FOR HOMELESS RESOLUTIONS. REYGITONIUM-G: EACH COUNTRY GOVERNMENT INITIAL $1-DOLLAR INVESTMENT PORTFOLIO OF 8-BILLION EARTH CITIZENS. THEREAFTER GLOBALLY ANYBODY CAN INVEST IN THE CRYPTOCURRENCY REYGITONIUM-G. OR CONTINUE HIDING THE HOMELESS WHEN A POLITICAL LEADER VISITS AMERICA. CLOSING COMMENT: THE DAMNEDEST CRAZIEST FUNNIEST EMBARRASSING ABOUT THE HOMELESS CHAOS IS ANY EXCUSE AS TO WHY HOMELESS EXIST. HENCEFORTH CONSIDER USA TRILLIONS IN DEBT & 6,120 HOSPITALS SCATTERED AROUND THE USA & MANY COUNTRIES ASKING FOR FOREIGN AID IN THE TRILLIONS & YOU TALKING EXCUSES. MEANWHILE WE WANT TO SETTLE HUMANITY ON OTHER PLANETS. THANK YOU FOR READING.

As I’ve said before, tuition free medical school does NOT change what physicians do as a career and is NOT an effective way to enhance primary care. Kudos to Bloomberg for putting income restrictions on his historic gift to The Johns Hopkins University covering tuition for students by restricting the tuition assistance to families who earn less than $300K/year. But when it comes to incentivizing med school students to go into under-staffed specialties like primary care, we have learned that free tuition is not the solution. What's more, at this point, it’s not clear that free med school tuition increases more minorities or other under-represented groups going into medicine. The US needs more doctors, especially from certain backgrounds and in certain specialties. Free tuition is great, but it needs to be more specifically targeted with strings attached. #healthcareonlinkedin #medicalschool #medicalschooltuition #primarycare #physicianshortage #tuitionfree

With a new $1 BILLION gift from Bloomberg Philanthropies, Mike Bloomberg and University President Ron Daniels continue to show bold leadership at The Johns Hopkins University. By combining vision with financing, they continue to move the university away from systems that favor legacy and wealthy students to systems that favor students with outstanding achievement and potential, regardless of their families' socioeconomic status. "Beginning in fall 2024, Hopkins will offer #freetuition for students pursuing an MD who come from families earning under $300,000, a figure that represents 95% of all Americans. Additionally, Hopkins will cover living expenses on top of tuition and fees for medical students from families that earn up to $175,000, a threshold inclusive of the vast majority of families in the U.S. Nearly two-thirds of current and entering medical students at Johns Hopkins will immediately qualify for either free tuition or free tuition plus living expenses." This new gift is on top of Bloomberg's record 2018 gift of $1.8 BILLION to undergraduate financial aid at Hopkins, which absolutely transformed the undergraduate student body. "The number of undergraduate students entering Hopkins from low-income backgrounds and/or who are the first in their families to attend college (FLI) has grown by 43% since the Bloomberg gift went into effect. Today, FLI students make up nearly a third of the Hopkins undergraduate population, surpassing most other #IvyLeague and Ivy League–adjacent institutions." I'm so proud of my alma mater ❤️ for its vision and grateful to Mike Bloomberg for choosing to reinvest so much of his wealth into issues of systemic unfairness in elite higher education, which has such a profound impact on society at large. #studentaid #financialaid #graduatestudents #leadership #socialjustice #firstgen #highereducation #philanthropy #ESG #gratitude #corporateculture #organizationalculture

A $1 billion gift to Johns Hopkins University from billionaire Mike Bloomberg will make medical school free for most students and increase financial aid for those enrolled in nursing, public health, and other graduate programs. In a Monday letter in the Bloomberg Philanthropies annual report, Bloomberg addressed the dual challenges of declining health and education. The gift marks an emphatic endorsement of the value of higher learning at a time when academia increasingly has been under political attack. “As the U.S. struggles to recover from a disturbing decline in life expectancy, our country faces a serious shortage of doctors, nurses, and public health professionals — and yet, the high cost of medical, nursing, and graduate school too often bars students from enrolling,” wrote Bloomberg, a 1964 graduate of Johns Hopkins and the founder of the Bloomberg business and financial data news company. “By reducing the financial barriers to these essential fields, we can free more students to pursue careers they’re passionate about — and enable them to serve more of the families and communities who need them the most.” https://lnkd.in/erBza-RS

The Covid-19 pandemic shined a spotlight on the challenges of doctors, nurses and other health care professionals; the resulting stress and burnout also caused many to leave the field, and at a time when an aging population is putting more demands on health care. This week there was some good news on this front: Mike Bloomberg and the Bloomberg Philanthropies gifted The Johns Hopkins University with $1 billion to cover full tuition for medical students whose families earn less than $300,000. The gift 🎁 will also cover living expenses and fees for those making less than $175,000. As Bloomberg shared, "By reducing the financial barriers to these essential fields, we can free more students to pursue careers they’re passionate about – and enable them to serve more of the families and communities who need them the most." https://lnkd.in/gJ2dThE2

I hear from many who pursue non-physician paths that finances were a barrier to becoming a doctor. Being a doctor should not be reserved for “the elite” - that is how we end up with medicine not serving all. As a physician who is a child of #immigrants, of a community forced to be #refugees, as a woman of color, and as a patient, I see my job as serving the most marginalized. By leaving the U.S. at age 19 to go to med school abroad, in Pakistan, I had no med school #debt to make me feel my first priority was to pay down loans. I had freedom to choose jobs that paid less than nurses or physician assistants rather than the “doctor salary.” What I did not consider was my salary was that low because reimbursement was low. I was naive to the business of medicine that would get between me and the patient. Unfortunately, in a country where “payer mix” matters, by choosing #pediatrics - that reimburses 30% less than adult medicine - I made myself irrelevant. In fact, I put myself on the chopping block in American #healthcare. In a #health system run per capitalism, profit, margins, revenue, shareholder value matter. Of course, if pediatrics has lower reimbursement, then hospital administrators will cut pediatrics all together to replace with higher margin service lines or, if retaining pediatric services, will replace pediatricians with least trained and cheapest labor. Whereas expanding #clinician types was pitched as a way to expand access, in reality many non-physicians, like physicians, will follow the money. That is simply human nature. Savvy non-physicians choose to enter fields like dermatology, cosmetic procedures, orthopedics, anesthesia, etc to fast track to making $200K - $400K or more with a fraction of the loan burden. While removing debt burden is one needed step, there will still be a perverse incentive to fast track for the least time to a full salary and to choose the highest salary possible for your credentials. Even if you give up salary to serve, by being on that low revenue space, your entire field is perceived as low value. In the U.S., reimbursement is seen as a signal of quality and value.

Einstein medical students describe how a transformational gift of free tuition, the largest made to any medical school in the U.S., will change their lives. Also: An Einstein magazine interview with the donor. #MedEd #science #medicine #research #health #MedicalSchool #MedicalEducation #philanthropy #giving #Bronx #EinsteinMagazine

Another medical school is offering free tuition (under specific income thresholds) as the field of medicine undergoes rapid change in the face of clinician burnout, employment consolidation, and adoption of new technology. Though these programs are in essence experimental and require further study on the impact of the applicant pool composition, acceptance rates, specialty selection, match rates, sustainability, and more... I see huge benefits in reducing the financial burden of obtaining a world-class medical education overall. There are many potential second-order effects – here are two that are top of mind: 1. Tuition-free medical school may attract many people who avoid the profession because they aren't positioned and/or don't want to take on six-figures of debt in their early 20's. It won't solve the residency choke point (i.e., there are a fixed number of slots based on government funding), but these programs could help address selection bias in who considers becoming a physician. As someone who debated returning to medical school after finding a home in another career, I expect these programs to encourage more non-traditional applicants (i.e., early-to-mid career people) with unique experiences they can bring to medicine. 2. Financially liberating future physicians could inspire greater risk-taking and innovation. Imagine what doctors might be willing and able to do if they weren't effectively obligated to work stable, employed jobs post-residency? Would more physicians consider taking risks after residency to start their own practices, pursue additional research they'd always dreamed of, or give back to their communities in new and different ways?

and why is private enterprise so bad? look at what this entrepreneurial capitalist has done with his wealth for the good of everyone really, not just the medical students who will go to school for free but the hundreds of thousands of patients who will be treated by a Johns Hopkins physician?

Does Bloomberg's $1 Billion Donation to The Johns Hopkins University School of Medicine Really Matter? 🤔 Mike Bloomberg just dropped $1 billion to make the med school tuition-free, but it doesn't move the needle for the healthcare industry. Here's why: Yes, it opens doors for some students who might not afford med school otherwise, and that's great to break this financial barrier. But let's be realistic—Johns Hopkins med school accepts about 100 new students each year. In the face of a nationwide healthcare labor shortage, this initiative isn't going to fix the problem even if we fill all of these seats with people who deserve it or come from worse socioeconomic backgrounds. The same problem applies to my alma mater, NYU, which has offered tuition-free med school since 2018. These programs are simply too exclusive, so you don't really see a needle moving one way or another. We've got a healthcare system bogged down by inefficiencies and systemic problems. We make it way too hard to be a doctor in this country, and even harder to get doctors from abroad to practice here. Free tuition for a select few won't fix it. Don't get me wrong—Bloomberg's donation is a commendable step in the right direction. But let's not let the benevolent headlines blind us into thinking it's a cure-all. We need to rethink how aspiring healthcare workers can access medical education and break down the systemic barriers causing a labor shortage that is getting out of hand. It's time to look for innovative solutions and revolutionary approaches to streamline our healthcare system. It's time for a real conversation about what comes next. 💡 Learn more: https://lnkd.in/gxMn7QD6 #HealthNews #MedEd #Healthcare #Equity