The medical center, which was put up for sale in early 2020 following operating losses of $12 million through two quarters of the fiscal year, has an operating margin of over $2.6 million through December.
Though $11 million from the CARES Act assisted in improving the hospital’s finances, higher than anticipated revenues in certain departments has officials optimistic about UTMC’s financial sustainability moving forward.
Click here to read full article
News Release 1/29/2021
Dear: SAVE UTMC COALITION MEMBERS,
The University of Toledo Medical Center is in a better place today than it was one year ago. Amidst one of the world’s worst pandemics in over a century, UTMC is starting to reinvigorate our hospital after many of the staff had given up hope on this institution’s future related to an academic affiliation with Toledo Hospital. UTMC has served the healthcare needs of N.W. Ohio for over 50 years and its employees have dedicated their lives to healing the patients and to being part of a Health Science Campus that has been known for its teaching, research, and healing.
Currently, we are seeing the University invest money on: 1] A new medical records system to the tune of $28.5 million dollars; 2] More physicians are being hired to treat our patients; 3] The Toledo Clinic has brought on additional physicians to help full-fill the healthcare needs of our campus community; 4] The University has hired a new nurse recruiter to bring on additional nursing staff, and; 5] The University has started an aggressive advertising campaign to bring in new patients.
The hospital is offering COVID vaccinations to the staff that care for our patients and the community, based on the at-risk populations (per our Governor’s roll-out initiative). Additionally, UTMC has now entered a coronavirus study to determine what drugs are effective in treating the corona virus. UTMC is one of just 40 hospitals in the nation that are involved in this study.
This is what University healthcare looks like at UTMC at this present time. We have a way to go, but through the support of our patients, our staff, our physicians, and our community, UTMC can continue to be the hospital of choice for N.W. Ohio, as we continue to respond to the important needs of our patients.
The information above has been provided by Randy Desposito President of AFSCME Local #2415. Randy, Dr. Jim Willey, recently promoted to Medical Director of the Dana Cancer Center, and Carty will report to the “SAVE UTMC COALITION” monthly on developments taking place on the UTMC campus. Next month Dr. Willey will report on recent developments at the Dana Cancer Center.
Be well-stay safe and stay in touch!
Randy 419-902-1287
Jim 419-343-8010
Carty 419-309-5636
P.S. Please get your shots!
Blade Editorial: UTMC contributes
Note: this editorial was published in the January 12, 2021 edition of the Toledo Blade.
The University of Toledo Medical Center is one of 40 hospitals joining the federal government’s Big Effect study to determine which treatments work best to treat the coronavirus. It’s just the latest evidence of the former Medical College of Ohio Hospital’s value, not only for patients in Toledo, but for the broader community.
Since the virus emerged early last year, scientists and health-care professionals have developed treatments and shared their discoveries with each other. Now, the National Institutes of Health is launching a national study to identify which coronavirus treatments are most effective and deserve more attention in clinical trials.
The study will look to weed out ineffective treatments and expedite therapeutics that show significant benefits to patients struggling with the virus by testing hospitalized adults who need oxygen or mechanical ventilation and consent to participation.
UTMC will seek to have at least 30 patients participate in total, and has 10 enrolled already. Those who enroll in the trial will be treated with two drugs — remdesivir, a proven benefit to treating coronavirus infections, and either risankizumab or lenzilumab, two monoclonal antibodies being investigated as potential treatments for the virus.
After the initial portion of the trial, UTMC will begin a second phase using a placebo-controlled trial that looks to examine the safety and efficacy of using each of the two monoclonal antibodies paired with remdesivir, versus remdesivir alone.
Joining the study is just UTMC’s way of doing its part for the worldwide fight against coronavirus, according to Dr. Michael Ellis, an infectious disease expert, who is the chief medical officer at UTMC.
Not only is participating in the Big Effect research a way for a regional hospital to contribute to the greater good during a crisis, it shows that UTMC is a vital institution to our community.
Faced with possible sale or even closure a little less than a year ago, UTMC is showing signs of new life. University of Toledo officials announced in December the hospital had surpassed revenue expectations for the second half of 2020 and a new partnership with the Toledo Clinic offers signs of hope.
That UTMC has a place in a national study of coronavirus treatments is one more piece of evidence that Toledo still needs UTMC and in return UTMC needs Toledo’s support.
Blade: UTMC begins participation in national coronavirus treatment study
The University of Toledo Medical Center has begun recruiting patients to participate in a National Institutes of Health study seeking to identify which coronavirus treatments are most effective and deserve more attention in clinical trials.
The medical center is one of the first sites in the nation to enroll patients in the trial, known as the Big Effect Trial, which aims to have 40 sites with participants soon. The study will look to weed out ineffective treatments and expedite therapeutics that show significant benefits to patients struggling with the virus by testing hospitalized adults who need oxygen or mechanical ventilation and consent to participation.
Click here to read the full article
Blade: UTMC looks to emerge from dark year
Dr. Postel said UT leadership has “ambitious” plans for the hospital in 2021.
First, he said, officials are looking to hire more nurses, physicians, and staff members. The hospital has already embarked on a new marketing campaign called “Open for You,” and refurbished its website.
And most notably, the hospital has purchased a $28.5 million, multi-year contract with Epic, an electronic medical records software company, for an upgrade to UTMC’s medical records system that will go fully live in June, 2022.
“We’re also hoping that these bold steps send a loud message to our employees that the University of Toledo Medical Center is here to stay. And that this is a good place to work,” Dr. Postel said.
UTMC is also exploring a “real” possibility of upgrading to a Level 2 trauma center.
Mr. Swaine praised his staff, physicians, and the community for support during a difficult year and said the future looks bright for the hospital as it attempts to emerge from nearly being sold.
As far as Save UTMC organizing goes, Mr. Finkbeiner feels the group’s services are still needed, though he feels better about where UTMC is headed.
Click here to read the full article
Blade: Renewed optimism: UTMC-Toledo Clinic partnership finds early success
Concerned about where the hospital was heading and in response to a request from Dr. Christopher Cooper, dean of the medical school at UT, to find out what the South Toledo community wanted from its hospital, Mr. Finkbeiner created the Save UTMC coalition in December, 2019.
That grassroots coalition, led by Mr. Finkbeiner, Dr. Willey, and American Federation of State, County and Municipal Employees Local 2415 President Randy Desposito, began to pressure UT to amend its bylaws and allow nonfaculty physicians to bring some services back to the South Toledo hospital. It also pushed back against the school’s affiliation with ProMedica, and asked state legislators to halt a potential sale of UTMC, which they saw as a community resource that belongs to them, the taxpayer.
The activism worked.
Click here to read the full article
Happy Holidays!
Your University of Toledo Medical Center is
Open, Caring, and Growing.
It’s been a challenging year, but your
Save UTMC Coalition remains strong.
We wish you and your families a
happy and safe holiday season
and a healthy new year.
From Your Save UTMC Coalition
Honorable Marcy Kaptur
Dr. Cecelia Adams
Greg Bond
Matt Cherry, President
Kevin Dalton
Randy Desposito
Shaun Enright
Teresa Fedor
Dr. Thomas H. Fine
Carty Finkbeiner
Marilyn Fletcher
Theresa M. Gabriel
Paula Hicks-Hudson
Wade Kapszukiewicz
Cheryl Liebich
Rob Ludeman
Phil Mariasy
Dr. John McSweeney
Katie Moline
Sean Nestor
Sherry Patterson
Dr. Daniel J. Rapport
Robert R. Reinbolt
Michael Sheehy
Dr. Martin Skie
Lisa Sobecki
Erika D. White
Dr. James C. Willey
Eric Zgodzinski
Blade: UT officials approve budget
During budget presentations Monday, UT officials said UTMC surpassed surpassed financial experts’ revenue expectations for the last half of 2020.
Officials predicted the former Medical College of Ohio Hospital would see reduced patient volumes, lost pharmacy retail, and more UTMC physicians and residents transferred to ProMedica hospitals as part of an affiliation agreement between the university and the nonprofit, private health-care system. Instead, patient volumes in recent months have been consistent or surpassed 2019’s numbers, pharmacy retail has increased, and transfers from UTMC have been put on hold — to the benefit of UTMC’s patient volumes and bottom line.
But perhaps most unforeseen was UTMC’s recent partnership with the Toledo Clinic, which is expected to help bring in much needed income in the coming years.
Click here to read the full article
Happy Thanksgiving from Save UTMC!
Happy Thanksgiving! Here is the ad we have placed in today’s copy of the Toledo Blade.
Spetka: Best, brightest physicians have served Toledo area for decades
Note: this essay was published in the November 25, 2020 edition of the Toledo Blade.
As a member of the local medical community for 30 years I was surprised to learn that many of my colleagues, and in fact even the physicians who have cared for me, were not among the “best and brightest,” apparently only landing in Toledo because they already had ties locally (“Area Health Partnerships Work,” The Blade, Nov. 18).
It wasn’t until Drs. Stephen Stanek and Tahir Jamil, in conjunction with ProMedica, decided to grace us with their talent that medicine in Toledo was able to undergo a badly needed renaissance.
Their self-serving op-ed is not only myopic, it is factually inaccurate. They suggest their view of the local medical landscape is “unique” because they came here for medical school and stayed for residency training. It isn’t.
There have been UTMC graduates doing local residencies and then joining the local medical community for over 50 years.
In fact, the renaissance in local medicine began with the advent of the Medical College of Ohio in 1964, well before ProMedica came on the scene.
The authors view through green-colored glasses needs to be taken with a large grain of salt. Apparently their definition of a “great doctor” is either one who is part of ProMedica or perhaps any physician who refers to them.
My view is a bit broader, having worked in every health system in town; unlike the authors whose experience is limited to one health system.
As a neurosurgeon who came here 30 years ago I was honored to work alongside other neurosurgeons, some of whom were my competitors, from world renowned training programs to include: Yale, Barrow Neurological Institute, University of Indiana, Vanderbilt, State University of New York, and my own training program at Walter Reed Army Medical Center.
I feel safe in saying that most of us had no local ties and none of us came to town because of ProMedica.
Believe it or not, some of us were able to recognize for ourselves that Toledo; with its world-class museum, top-notch symphony, and nationally recognized zoo was indeed a well-kept secret.
Toledo was not a “diamond in the rough” but was able to shine on its own merits then just as it does now. Having lived in Washington, Honolulu, and several cities in Europe, I chose Toledo because it offered state-of-the-art medical care then just as it does now.
Dr. Stanek and Dr. Jamil go on to state that the academic affiliation is good for ProMedica and The College of Medicine and Life Sciences, which is the former Medical College of Ohio.
While the statement is probably true, they conveniently leave out the fact that ProMedica’s scorched-Earth policy when it comes to competitors has decimated The UTMC hospital.
The physicians mention attracting the best and brightest physicians to town but leave out the fact ProMedica eliminated two family practice-training programs locally.
Perhaps the author’s definition of best and brightest doesn’t include primary care physicians.
The medical care here was top notch well before ProMedica came on the scene and continues to shine in every system locally. To suggest otherwise is simply wrong on every level.
I understand that friction sometimes exists between “town-and-gown” physicians, but to denigrate the highly competent physicians in every specialty who trained locally in the days before ProMedica is insulting and arrogant.
Lawrence Spetka is a neurosurgeon in Toledo.