TY - JOUR
T1 - Securing the Future for a Major Academic Cardiovascular Program
T2 - Hardwiring a Referral Network and Preparing for a Transition to Value-Based Reimbursement
AU - Smyth, Susan S.
AU - Moliterno, David
AU - McClure, Rick
AU - Campbell, Justin
AU - Buckler, Lacey
AU - McMullen, Colleen A.
AU - Whayne, Thomas F.
AU - Endean, Eric
AU - Sekela, Michael
AU - Karpf, Michael
N1 - Publisher Copyright:
© 2020 Taylor & Francis Group, LLC.
PY - 2020
Y1 - 2020
N2 - The University of Kentucky College of Medicine and Albert B. Chandler Hospital opened over 50 years ago to serve Kentucky. After initial growth and expansion, both were struggling clinically, academically, and financially in the early 2000s. Difficulties were apparent in cardiovascular (CV) services, which captured only 11% of the regional patients hospitalized for cardiac disease. Over the next 15 years, CV services dynamically transformed to become the leading provider with a large network of regional partners, garnering 42% of market share. This article describes strategic plans and initiatives leading to clinical and academic growth. Future value-based initiatives are also described.
AB - The University of Kentucky College of Medicine and Albert B. Chandler Hospital opened over 50 years ago to serve Kentucky. After initial growth and expansion, both were struggling clinically, academically, and financially in the early 2000s. Difficulties were apparent in cardiovascular (CV) services, which captured only 11% of the regional patients hospitalized for cardiac disease. Over the next 15 years, CV services dynamically transformed to become the leading provider with a large network of regional partners, garnering 42% of market share. This article describes strategic plans and initiatives leading to clinical and academic growth. Future value-based initiatives are also described.
KW - Academic Medical Center
KW - Strategic plan
KW - market share
UR - http://www.scopus.com/inward/record.url?scp=85094681137&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85094681137&partnerID=8YFLogxK
U2 - 10.1080/00185868.2020.1803777
DO - 10.1080/00185868.2020.1803777
M3 - Article
C2 - 32804052
AN - SCOPUS:85094681137
SN - 0018-5868
VL - 98
SP - 163
EP - 171
JO - Hospital Topics
JF - Hospital Topics
IS - 4
ER -