I wonder what sort of impact this will have:
http://phoenix.bizjournals.com/phoen...9/daily65.html
ASU withdraws from financial partnership in UA medical school
Arizona State University is withdrawing from its partnership with the University of Arizona for management of the College of Medicine in Phoenix.
UA now is assuming full responsibility for the school.
“We are in the process of calculating what we might save,” said ASU spokesman Virgil Renzulli.
Facing state budget shortfalls, ASU has been looking for ways to cut expenses, he said.
“We will continue to support the medical center,” he said. “We still have faculty participating in the medical school. What we’re not doing is participating as a financial partner.”
Instead, ASU will focus on building research facilities on its Tempe and Mesa campuses, Renzulli said.
ASU will continue to have a presence in the Phoenix Biomedical Campus, which houses the medical college and several bioscience organizations, including the Translational Genomics Research Institute and the International Genomics Consortium. It soon will be home to VisionGate Inc., maker of a cancer detection device.
The UA College of Medicine–Phoenix is in its third year of operation and has 120 medical students. Plans call for building enrollment to 480 medical students and 80 pharmacy students.
Construction has begun on a $187 million Health Sciences Education Building on the Phoenix Biomedical Campus.
The dissolution of the partnership between ASU and UA still needs approval from the Arizona Board of Regents. They will discuss the matter at a special meeting May 1.