Thedacare Regional Medical Center - Neenah Inc

COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING - CONSTRUCTION - A GRADUATE MEDICAL EDUCATION (GME) IS A FORMALLY APPROVED CLINICAL EDUCATION AND TRAINING PROGRAM KNOWN AS “RESIDENCY” TO PHYSICIANS WHO HAVE RECEIVED A MEDICAL DEGREE (M.D. OR D.O.) FROM AN ACCREDITED OR APPROVED SCHOOL OF MEDICINE. TO COMPLETE A PHYSICIAN’S EDUCATION, GME IS NECESSARY TO ALLOW THE PHYSICIAN TO OBTAIN A LICENSE TO PRACTICE MEDICINE. IN ORDER TO REACH OUR FULL POTENTIAL WITH A GME PROGRAM, WE WILL NEED TO CREATE ADDITIONAL SPACE ADJACENT TO THE INITIAL PHASE. THE FINAL PHASE ADDITIONAL CONSTRUCTION THAT WILL BUILD OUT SPACE TO EXPAND THE NUMBER OF PHYSICIAN RESIDENTS TCN CAN SUPPORT FROM 24 TO 70. THIS ADDITIONAL SPACE IS IMPERATIVE TO RECRUITING AND RETAINING HIGH PERFORMING PHYSICIANS TO SERVE OUR COMMUNITIES. THIS WILL COMPLETE THE CONSTRUCTION PROJECT. THE 2019 STATE PHYSICIANS WORKFORCE DATA REPORT INDICATES THAT PHYSICIANS THAT COMPLETE THEIR GME IN WISCONSIN WILL REMAIN IN THE STATE TO PRACTICE 45.3% OF THE TIME. IF THE PHYSICIAN COMPLETES BOTH THEIR MEDICAL EDUCATION AND THEIR GME IN WISCONSIN WILL REMAIN IN THE STATE TO PRACTICE APPROXIMATELY 70% OF THE TIME. THIS ADDITIONAL SPACE WILL ATTRACT AND ACCOMMODATE ADDITIONAL STUDENTS THAT WILL STAY IN WISCONSIN AS PRACTICING PHYSICIANS – OPENING UP ADDITIONAL ACCESS AND ADDRESSING THE PROBLEM OF “BRAIN DRAIN.” BECOMING A LEARNING INSTITUTION WILL ALSO FOSTER IMPROVEMENTS IN QUALITY AND KEEP COMPETENCIES SHARP AMONG THE ENTIRE MEDICAL STAFF. THIS PROJECT REQUEST IS A SECOND AND FINAL PHASE OF A CURRENT, $100 MILLION INVESTMENT TO MODERNIZE THE THEDACARE REGIONAL MEDICAL CENTER - NEENAH CAMPUS. $40 MILLION OF THE CURRENT INVESTMENT HAS BEEN SUPPORTED BY LOCAL, COMMUNITY DONATIONS. BY INVESTING $100 MILLION THROUGHOUT THE CAMPUS BY RENOVATING THE LEVEL II TRAUMA EMERGENCY DEPARTMENT, CREATING A 4-ROOM SURGICAL ROBOTIC SUIT FOR SURGEONS TO CONTINUE TRAINING SURGEONS THROUGHOUT THE STATE AND COUNTRY IN ROBOTIC SURGERY, RENOVATING A 19-BED INPATIENT BEHAVIORAL HEALTH UNIT, AN D VARIOUS OTHER IMPROVEMENTS THAT WILL ENHANCE CARE. THIS ALSO PERMITTED INVESTMENT IN AN INITIAL PHASE OF A GRADUATE MEDICAL EDUCATION PROGRAM. HOWEVER, THE CURRENT $100M BUDGET DOES NOT HAVE CAPACITY TO INCREASE THE RESIDENCY SLOTS TO 70 WHICH HAS BEEN DEEMED THE CURRENT DEMAND/NEED. ALIGNS WITH LIFEINSPIRED STRATEGY • REINVENT HEALTHCARE – ENRICHING THE LIVES OF ALL CREATING VALUE IN EVERYTHING WE DO • INSPIRED PAST: HEALTHIER FUTURE - IMPROVE THE HEALTH OF THE COMMUNITY • KEEPING CARE LOCAL – DOWNSTREAM ECONOMIC IMPACT IN LOCAL COMMUNITY CRITICAL ELEMENT OF TCN MODERNIZATION PROJECT • ADVANCEMENT OF COORDINATED CARE • REDUCING COST AND IMPROVING SUSTAINED OPERATIONAL EFFICIENCY • PROVIDING PATIENTS GREATER ACCESS TO INNOVATIVE AND SPECIALIZED CARE PHYSICIAN WORKFORCE OF THE FUTURE • ASSISTS WITH RECRUITING AND RETENTION OF TOP PHYSICIANS • KEEPS US SHARP AND INNOVATIVE – “OUR CURIOSITY COMPELS US TO ALWAYS LOOK FOR A BETTER WAY” • CREATES FUTURE LEADERS • EXPANDS PATIENT REFERRAL BASE AND INCREASES QUALITY OF CARE