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

As a member of the Penn Medicine community, what can I do to help support our efforts in securing a strong financial position now and in the future?

Peter Quinn, DMD, MD
Vice Dean for Professional Services, SOM & SVP for CPUP; Professor, Oral and Maxillofacial Surgery & Pharmacology
We need each member of the Penn Medicine Community to help us in this effort in accordance with the following guiding principles:
  • Function as an integrated entity—with a focus on the financial health of the entire organization;
  • Engage in continuous process improvement---eliminating wastes and redundancy in processes;
  • Maintain a balanced budget while creating sufficient reserves to respond to strategic opportunities for long term growth; and
  • Carefully evaluate financial decisions and review with all key stakeholders before implementation.