Healthcare Delivery System Poised for Future - Annual Meeting, Danbury Hospital
Danbury Hospital has never had a reputation for resting on its laurels and the Hospital’s vision for 2010 and beyond is a prime example of that. At Danbury Hospital’s annual meeting today, John Martocci, Chairman of the Board, announced a list of major accolades and accomplishments, Frank Kelly, current President and CEO, gave praise to the many dedicated board members and Dr. John Murphy, incoming President and CEO, reported on a number of progressive future plans. While hospitals around the country are waiting for health care reform to be defined, the big difference at Danbury Hospital, John Murphy, M.D. incoming CEO said is that “we will not be complacent to be sure that we do not overlook the unmet needs of our patients and the unfinished work of this fine institution”. Murphy expressed a desire to create a quality, patient-focused and integrated healthcare delivery system for residents of western Connecticut to ensure that the patients and their communities can count on Danbury Hospital as their healthcare destination for years to come.
A Possible Affiliation
One of the most exciting developments Dr. Murphy spoke to was a possible affiliation with New Milford Hospital. The two Hospitals announced their intent to investigate a relationship in September of 2009 and talks have been underway since then. Dr. Murphy reported that discussions are progressing in a very positive way and the exploration of the possibility continues as both parties consider the perspectives of the many stakeholders. The intent is for the collaboration to achieve the vision of a first class, integrated regional health care delivery. A more formal announcement is expected in the coming weeks.
An Investment in Research
Dr. Murphy also announced the new and exciting investment in research. Danbury Hospital had solidly entered the field of research in 2009 with the previously announced Lyme disease registry. The new effort for 2010 and beyond includes a team of renowned scientists from Italy who have begun work in conjunction with our new chair of OB/GYN – Dr. Shohreh Shahabi, who is a gynecologic oncologist. In addition a state of the art 17,000 square foot basic science laboratory and research facility was recently opened right here in Danbury. “As an institution we want to be able to offer not only the latest therapies currently available but also the promise of tomorrow’s treatments for those who need them now” stated Dr. Murphy. The research will initially have a focus on cancer and women’s health.
A New Tower for a Higher Quality of Patient Care
After several years of careful planning, the Board of Directors approved the single largest expansion project in the Hospital’s history-a new tower at the main campus. If the state approves this project, the planned expansion will allow for greater efficiencies and will be composed of critical and medical/surgical single-patient rooms, and a new Emergency Department. Additionally, the Hospital will be creating a new, state-of-the-art, Level IIIb Neonatal Intensive Care Unit and undertaking renovations to the Family Birthing Center.
Balance Sheet Supporting Stewardship and Growth
Danbury Hospital reported revenue of $494.9 million against expenses of $471.5 million and projecting a net income of $23.5 million dollars. The expenses include more than $65 million in uncompensated care and community benefit programs such as service through clinics, community screenings and education. As Danbury Hospital is a not for profit entity, any income is reinvested into the patient care improvements, technology and facilities.
About Danbury Hospital
Danbury Hospital is a 371-bed regional medical center and university teaching hospital associated with the University of Vermont College of Medicine, the Yale University School of Medicine, the Connecticut School of Medicine and Columbia University Medical Center and New York Medical College. The hospital provides centers of excellence in cardiovascular services, cancer, weight loss surgery, orthopedics, digestive disorders, radiology and diagnostic imaging. It also offers specialized programs for sleep disorders and asthma management. Medical staff members are board-certified in their specialties, and most serve on the faculty of the nation’s finest medical centers offering a higher level of experience.