“It's A Bargain” Thrift Shop - Orthopaedic Hospital
“It's A Bargain” Thrift Shop - Orthopaedic Hospital
“It's A Bargain” Thrift Shop - Orthopaedic Hospital
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6<br />
addition, we must ensure that<br />
the philanthropic dollars are<br />
wisely invested and utilized for<br />
the greatest impact. With the<br />
Orthopædic <strong>Hospital</strong> Foundation<br />
working in tandem with<br />
Orthopædic <strong>Hospital</strong>, I’m confident<br />
that we will succeed.”<br />
Research to improve the<br />
welfare of orthopaedic patients<br />
and advance care worldwide<br />
will focus on molecular biology,<br />
genetics and stem cell biology.<br />
Toward this end, Orthopædic<br />
<strong>Hospital</strong> assumes a leadership<br />
role in the UCLA Department of<br />
<strong>Orthopaedic</strong> Surgery as well as<br />
oversees the Orthopædic <strong>Hospital</strong>–UCLA<br />
residency program.<br />
To make the most of<br />
investments in research, the<br />
Orthopædic <strong>Hospital</strong> Board<br />
of Directors and UCLA have<br />
established an Executive Committee<br />
on Research for prioritizing<br />
projects and reviewing progress every three<br />
months. OH will seed basic research and fund a<br />
portion of the ongoing operational support.<br />
“Above all else, we need to support translational<br />
research that can be applied to clinical<br />
problems in improving the welfare of orthopaedic<br />
patients and advancing care,” Dr. Luck said.<br />
Translational research is now the mandate of<br />
the National Institutes of Health, which is the<br />
major funding source for biomedical research in<br />
the U.S. “We also need to foster pediatric-related<br />
research in areas such as genetic disorders, birth<br />
defects and trauma,” he said.<br />
The education component of<br />
Orthopædic <strong>Hospital</strong>’s mission still<br />
involves training the next generation<br />
of orthopaedic clinicians and leaders<br />
to care for children and adults.<br />
It has expanded beyond residencies, however, to<br />
encompass a broad spectrum of educational support<br />
and relationships, including clinical practitioners<br />
and Orthopædic <strong>Hospital</strong> Medical Magnet<br />
High School students.<br />
charity care<br />
Diverse Forces<br />
Reshaping Healthcare<br />
Orthopædic <strong>Hospital</strong>’s strategic task force examined the<br />
mission of charity care, research and education amid myriad<br />
social, technological, economic and political forces that are<br />
reshaping the field of healthcare.<br />
For example, Orthopædic <strong>Hospital</strong> is addressing numerous<br />
changes on the clinical front. As more emergency rooms close,<br />
Orthopædic <strong>Hospital</strong> expects to expand its current position as<br />
a haven for pediatric trauma victims. Orthopædic <strong>Hospital</strong> also<br />
is in a position to help children afflicted with cerebral palsy<br />
in terms of care and research. Because the incidence of orthopaedic<br />
problems is higher in developing countries than in the<br />
United States, Orthopædic <strong>Hospital</strong> could expand its international<br />
presence.<br />
Orthopædic <strong>Hospital</strong>’s research investments will require<br />
careful allocation. Clinically relevant research, with its promise<br />
of benefits in the near term, generally yields a high return on<br />
investment. Basic research in areas such as stem cells generally<br />
offers outstanding long-term potential but may require an<br />
investment of seed money.<br />
“We aim to advance residency education to<br />
an even higher level than its current excellent<br />
reputation,” Dr. Luck said. “Among other goals,<br />
we will capitalize on our distinctive qualities and<br />
increase our educational offerings.”<br />
One issue that the strategic task force reiterated<br />
for the benefit of Orthopædic <strong>Hospital</strong><br />
supporters is the nature of the alliance between<br />
Orthopædic <strong>Hospital</strong> and UCLA.<br />
“The relationship is neither a merger nor an<br />
acquisition,” Dr. Luck said. “The alliance most<br />
closely resembles a joint venture partnership.<br />
People often ask me whether we still own a hospital.<br />
The answer is yes.”<br />
Under the agreement, Orthopædic <strong>Hospital</strong><br />
owns one-third of the entire hospital in Santa<br />
Monica as a co-tenant on land owned by the University<br />
of California. The hospital operates under<br />
a single license as Santa Monica–UCLA Medical<br />
Center and Orthopædic <strong>Hospital</strong>.<br />
UCLA and Orthopædic <strong>Hospital</strong> administer<br />
the hospital jointly. Orthopædic <strong>Hospital</strong>’s responsibilities<br />
include chief of orthopaedics, associate