Securing the Future for a Major Academic Cardiovascular Program: Hardwiring a Referral Network and Preparing for a Transition to Value-Based Reimbursement

Susan S. Smyth, David Moliterno, Rick McClure, Justin Campbell, Lacey Buckler, Colleen A. McMullen, Thomas F. Whayne, Eric Endean, Michael Sekela, Michael Karpf

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)163-171
Number of pages9
JournalHospital Topics
Volume98
Issue number4
DOIs
StatePublished - 2020

Bibliographical note

Publisher Copyright:
© 2020 Taylor & Francis Group, LLC.

Keywords

  • Academic Medical Center
  • Strategic plan
  • market share

ASJC Scopus subject areas

  • General Medicine

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