Annual Report 2007 - The Chester County Hospital

A D V A N C I N G C A R E . B U I L D I N G C O M M U N I T Y .PROPOSED ExTERIORToday, The Chester County Hospital serves as the only independent, communityowned,community-governed non-profit hospital in Chester County. It maintains itscommitment to delivering the highest quality of healthcare to the community it has servedfor 115 years. In addition to general medical and surgical services, the Hospital specializesin cardiovascular care, cancer diagnosis and treatment, orthopedics and a broad range ofwomen’s health services. Its specialty programs are unique in bringing strong clinicalaffiliations to the community. The Level III Neonatal Intensive Care Unit and the pediatricsprogram work in partnership with The Children’s Hospital of Philadelphia and are staffed fulltime by Children’s Hospital specialists. The Cancer Center of Chester County is owned jointlyby the Hospital and the Abramson Cancer Center of the University of Pennsylvania; and thecardiac surgery program in The CardioVascular Center is affiliated with Cleveland Clinic.This affiliation with the #1 Heart Program in the country will help The CardioVascular Centerbecome a leading regional provider of heart services in the Delaware Valley.Chester County is growing at a very rapid rate and the Hospital must keep pace with thegrowth so that it can accommodate all who seek care. With the aging of the population, andthe steady increase in heart disease, the demand for cardiac services will continue to rise.In just five years, regional demand for services at the Hospital’s CardioVascular Center hasincreased substantially. Now, with the Cleveland Clinic affiliation, that demand will increase atan even more rapid rate. In the planned Heart Hospital within the Hospital, all cardiovascularservices will be organized to best meet the needs of the patients and their families, to provideefficient and effective patient flow, and to improve patient and physician satisfaction. At thesame time, the construction of the Heart Hospital will alleviate stresses on other sections of theHospital which are now straining under the pressures of increasing demands. Finally, as theonly such specialty center in the Delaware Valley, the Heart Hospital will be a unique regionalresource for the prevention, diagnosis and treatment of cardiovascular disease. The CapitalCampaign is being undertaken to support the construction of the Heart Hospital.KICK-OFF GUESTSDR. DENNIS BERMAN, DR. NICK VAGANOS AND MRS. CARLA BERMANPROPOSED INTERIORTo once again meet the needs of the community, the Hospital has embarked on a buildingplan to add a new wing to the Hospital that will: achieve The CardioVascular Center’s goalof consolidating all cardiovascular services into a single location – the Heart Hospital withinthe Hospital; add 48 new patient rooms, with space to expand to 72 patient rooms; add additional operating and procedural rooms; and increase efficiencies in theEmergency Department. The facility is projected to cost $110 million, and while theHospital plans to finance most of the cost through a bond issue, it has also embarked ona comprehensive fundraising campaign to raise $30 million with at least $25 million ofthat total to be raised toward the construction cost of the building. Groundbreaking isscheduled for spring 2008 with completion projected to occur in 2010.After a “silent phase” of the Campaign in which 100% participation from Board membersand senior administration was secured, as well as several pace-setting leadership gifts, theHospital publicly announced the Campaign in September 2007 and is now asking the communityat large to support this effort.CAMPAIGN CO-CHAIRJOHN A. FEATHERMAN, IIIAs of December 31, 2007, The Chester CountyHospital Foundation had raised $24,333,867toward the $30 million ComprehensiveCampaign goal (81% of goal) with $20,732,975of that amount designated to the $25 milliongoal (83%) for construction of the new facility.Breakdown of the $20,732,975 total:$12,378,756 Individual Gifts$7,441,498 Corporate/Foundation Gifts$649,516 Physician Gifts$263,205 Employee Gifts