Shaping Our Future

Shaping Our Future: Securing Our Future Interactive Q & A

Learn more about the impact of health care reform and sequestration on Penn Medicine. On the “Securing our Future” Q&A hear directly from Penn Medicine leaders about the actions we are taking to position Penn Medicine for continued success by reinvesting our resources in key priorities that help advance our tripartite missions of research, education and patient care.

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Monday, April 15, 2013

If we are so concerned about our finances---why do we continue to have major capital expansion at all three hospital campuses?

Kevin B. Mahoney
Vice Dean for Integrative Services; SVP & Chief Administrative Officer;
Exec. Dir., Perelman Center for Advanced Medicine; Associate Senior Exec., CCA
Our future is dependent upon making careful choices about growing our business to secure a brighter future.  We cannot
simply cut enough expenses to balance our finances. We need cost-cutting and prudent investments. Over the past several years, we have realized business growth and favorable financial performance through the construction of the Perelman Center for Advanced Medicine, Roberts Proton Therapy and the Practices of the Future at Valley Forge, Bucks County, and Woodbury.

We intend to continue our investments in selected capital expansion initiatives that yield similar results to grow selected programs—including our ongoing efforts to advance clinical information technology for improving patient outcomes.
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