Educational facilities were not getting as much. Several months after the accrediting body received the students' petition, a blistering response arrived at Stanford. The LCME advised the medical center that its school had avoided by a single vote having its accreditation lowered to probationary status. No leaves . Shaking the money tree won't work when the tree is bare.
Medical schools do shut down.
Less than 10 years later, a similar disaster nearly played out at MCP Hahnemann School of Medicine. The state's largest medical school, with more than 1,000 students, seemed doomed. In October 1998, prodded by politicians and medical interests, Tenet Healthcare, a national health system, purchased Allegheny's Philadelphia holdings and reluctantly forged an agreement with Drexel University to run the medical school. But it had been a near thing. Numerous faculty members fled, disrupting the teaching process.