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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
PubMed

Insights

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.

Keywords:
Academic Medical CenterStrategic planmarket share

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