Weekly Market Update
HOFSTRA LAW AND NORTHWELL HEALTH TO PARTNER
Thursday, June 21, 2018
The Maurice A. Deane School of Law at Hofstra University and Northwell Health have formed a medical-legal partnership. Funded by a state grant, the program is focused on assisting underserved children and adults who can't afford legal services. The program is intended to offset community health problems that contribute to poor health. Such factors include denial of health care coverage, domestic violence, or unsanitary housing conditions. Hofstra Law students have been conducting further research to identify other issues. As part of the program, ten students from Hofstra Law will provide legal services and recommendations to patients at clinics. The partnership also plans to cross-train medical and legal professionals as well as launch a campaign to educate patients about their legal rights.
In Other News
- The Ohio State University College of Medicine has created a new center for research and innovation in health care services. The center will support Ohio State's health system, which has more than 60,000 admissions each year.
- The University of Minnesota, University of Minnesota Physicians, and Fairview Health have agreed to a new 8-year partnership. As part of the agreement, Fairview will make an annual contribution to support the medical school.
- The University of Alabama, Duke University, and University of Oklahoma are launching programs which will allow students to store and use ID cards on their iPhones and Apple Watches.
- Northwestern Mutual, Marquette University, and University of Wisconsin-Milwaukee have partnered to create a $40 million data science institute. The institute will be funded through a contribution from Northwestern Mutual, while Marquette and UWM will invest in research and data science education.
- CollegePoint is providing low-income, high-achieving high school students with virtual advisers to help manage the college application process.
- US universities are increasingly partnering with third-party companies to create pathway programs for international students who don't meet direct admissions standards, hoping to increase the number of full-pay international students.
Rating Agency Update
- Moody's downgraded Middlebury College's rating from Aa2 to Aa3. The outlook is revised from negative to stable.
- Moody's affirmed Florida International University's Aa3 rating. The outlook is stable.
- S&P assigned BBB+ to Lewis University's Series 2018B Revenue Bonds. The outlook is stable.
- S&P affirmed City University of New York's AA- rating. The outlook is stable.
- S&P affirmed Colorado State University System's A+ rating. The outlook is stable.
- S&P affirmed Arizona State University's AA rating. The outlook is stable.
- S&P affirmed Gettysburg College's A rating. The outlook is stable.
- S&P affirmed Temple University's A+ rating. The outlook is stable.
- S&P affirmed Stanford University's AAA rating. The outlook is stable.