ONE Medical Center Update Steven G. Gabbe, MD Senior Vice President and Chief Executive Officer OSU...
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ONE Medical Center Update Steven G. Gabbe, MD Senior Vice President and Chief Executive Officer OSU Medical Center September 12, 2009
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Transcript of ONE Medical Center Update Steven G. Gabbe, MD Senior Vice President and Chief Executive Officer OSU...
ONEMedical Center
UpdateSteven G. Gabbe, MD
Senior Vice President and Chief Executive Officer
OSU Medical Center
September 12, 2009
OSU Medical CenterMission
To improve people’s lives through innovation in research, education and patient care
VisionWorking as a team
we will shape the future of medicineby creating, disseminating, and applying new knowledge,
and by personalizing health care to meet the needs of each individual
ValuesIntegrity Teamwork Innovation Excellence Leadership
PromiseImproving people’s lives through personalized health care
Become a top-20 academic medical center by 2015, and a top-10 NCI funded cancer program by 2010, through advancements in research, education and patient care
Become a high-performance organization and workplace of choice
Generate an investment fund for mission development
Strategic Goals
Ten Specialties Ranked
CancerDiabetes & Endocrine Disorders
Ear, Nose & ThroatGynecology
Heart & Heart SurgeryKidney Disorders
OrthopedicsRehabilitation
Respiratory DisordersUrology
Magnet
•Highest award for outstanding achievement in nursing services.
• Only 5% of hospitals receive this award, and only 2% of hospitals keep it.
Mortality Index National Comparison
Mortality Index Q4 (Oct-Dec) 2008
0.73 0.82 0.90 0.970.83 0.83 0.76
0.0
0.5
1.0
1.5
2.0
OSUMC Hopkins MassGeneral
Brigham &Women's
M ichigan Mayo ClinicRochester
Vanderbilt
Ind
ex
“During your stay how would you rate this hospital from 0-10”
%9s and 10s
Inpatient HCAHPS data for UH, Ross, East and James
Publicly Reported Patient Satisfaction
Financial StrengthGain/Loss from Operations
(41,423)
117,002
(60,000)
(40,000)
(20,000)
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000FY
'00
FY'0
1
FY'0
2
FY'0
3
FY'0
4
FY'0
5
FY'0
6
FY'0
7
FY'0
8
FY'0
9
FY'1
0
12
Long Range Financial Plan FY10-18
Financial Targets
• The following ratios were used to establish financial performance in developing the long range financial plan:
– Operating EBIDA Margin
• 10.0 to 12.5%
– Days Cash on Hand
• Increase 3 to 5 days per year
– Debt Service Coverage• Greater than 4.0 times (under consideration to be adjusted to 3.5 times)
New Governance Structure
OSU Board of Trustees
Medical Affairs
Committee
Medical CenterBoard
OSU Harding
Board
James Board
OSU East
Board
Ross Board
University Hospitals
Board
OSUP
• The Faculty Practice Group for OSU
• Committed to “One OSU” and “One OSUMC”
• Work toward developing an integrated Clinical Delivery System
Alignment of Strategic PrioritiesExamples
• Ambulatory Growth
• Quality and Safety
• Service Excellence
Ambulatory Growth
Eye and Ear Institute
Gahanna
Lewis Center
JamesCare Women's Oncology Center
Extending Our Reach
• Map of ambulatory sites coming
Main Campus Hospitals
UH East
Future Ambulatory LocationsCurrent Ambulatory Locations
Eye and Ear Institute
His eyes are on the prize…
Creating the future of medicine to improve people's lives through personalized health care
