293: The state of AMCs in 2026, and what leaders should watch next

Academic medical centers (AMCs) sit at the heart of U.S. healthcare, driving scientific discovery, providing crucial clinical care, and training the next generation of clinicians. They also face mounting financial pressures and a shifting policy landscape that threatens their ability to sustainably deliver on this tripartite mission. And their complex structures make rapid business model transformation tough — at a time when it has become essential for survival. In this episode, host Abby Burns invites Advisory Board expert Wes Campbell to provide an update on how AMCs are doing amidst the current climate, unpack how and why policy shifts hit AMCs differently than their non-academic peers, and discuss what it will take for AMCs to adapt. We’re here to help: Listen | 285: How Rush University Medical Center is closing the 'death gap' Listen | 264: Research funding is being slashed. What’s the real industry impact? Read | How research funding cuts are impacting healthcare (and how to respond) Use our tool | How policy changes will impact your bottom line Check out | Advisory Board resources on Philanthropy Register today for the 2026 Advisory Board Summit in Washington, D.C. A transcript of this episode as well as more information and resources can be found on RadioAdvisory.advisory.com.