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Securing the Future for a Major Academic Cardiovascular Program: Hardwiring a Referral Network and Preparing for a
Susan S Smyth1, David Moliterno1, Rick McClure1
1Division of Cardiovascular Medicine, Gill Heart and Vascular Institute, University of Kentucky, Lexington, KY, USA.
Hospital Topics
|August 18, 2020
Summary
The University of Kentucky
Area of Science:
- Health Services Research
- Healthcare Management
- Cardiovascular Medicine
Background:
- The University of Kentucky College of Medicine and Albert B. Chandler Hospital faced significant clinical, academic, and financial challenges in the early 2000s.
- Cardiovascular (CV) services were particularly affected, capturing only 11% of regional cardiac hospitalizations.
Purpose of the Study:
- To describe the strategic plans and initiatives implemented to transform cardiovascular services.
- To detail the growth in clinical and academic services over 15 years.
- To outline future value-based healthcare initiatives.
Main Methods:
- Analysis of strategic planning and implementation processes within cardiovascular services.
- Evaluation of market share changes and regional partnerships.
- Review of clinical and academic development initiatives.
Main Results:
- Cardiovascular services experienced a dynamic transformation over 15 years.
- Market share increased from 11% to 42% of regional cardiac hospitalizations.
- A large network of regional partners was established.
Conclusions:
- Strategic initiatives successfully revitalized cardiovascular services, leading to significant market share growth.
- The transformation demonstrates a successful model for academic medical centers facing clinical and financial challenges.
- Future efforts will focus on value-based care models.
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