image: Pictured left to right: Dan Harrington and Peter Pronovost. A new visionary gift from the Veale Foundation will establish the University Hospitals Veale Healthcare Transformation Institute. The $23.5 million in support represents an investment in University Hospitals’ value-based care initiatives. Peter J. Pronovost, MD, PhD, UH Chief Quality and Clinical Transformation Officer, will serve as the institute’s founding and first president. “Healthcare transformation is challenging and complex, but UH knows that it is work worth doing,” said foundation chairman Daniel P. Harrington. “We are thrilled by the impact – both quantitative and qualitative – that Dr. Pronovost and his team have already made.”
Credit: University Hospitals / Roger Mastroianni
CLEVELAND – A new visionary gift from the Veale Foundation will establish the University Hospitals Veale Healthcare Transformation Institute. The $23.5 million in support represents an investment in University Hospitals’ value-based care initiatives. Peter J. Pronovost, MD, PhD, UH Chief Quality and Clinical Transformation Officer, will serve as the institute’s founding and first president.
“Healthcare today tells a story of scarcity – it harms too often, costs too much and learns and improves too slowly. It’s daunting work, but there is an urgent need to improve value for patients and hospitals alike,” said Dr. Pronovost, who also holds the Veale Distinguished Chair in Leadership and Clinical Transformation. “The UH Veale Institute has the potential to revolutionize healthcare, tell the story of abundance and produce more of what matters to us all.”
In June 2023, UH launched the Veale Initiative for Healthcare Transformation, a two-year pilot program to improve patient value by reducing costs, enhancing quality and eliminating waste. Under the leadership of Dr. Pronovost, the initiative confronted high-value problems within healthcare today, such as hospital lengths of stay and the factors inhibiting nurse productivity. The initiative found quick success and made clear and demonstrable impact; as a result, the Veale Foundation has increased their support and UH has established an institute dedicated to the effort.
“Healthcare transformation is challenging and complex, but UH knows that it is work worth doing,” said foundation chairman Daniel P. Harrington. “We are thrilled by the impact – both quantitative and qualitative – that Dr. Pronovost and his team have already made.”
The new gift builds on the incredible momentum of UH’s Because of You campaign and will further the health system’s commitment to discovery and innovation. News of the gift and the new institute were announced at a UH campaign event last week in Cleveland.
“University Hospitals is deeply grateful to the Veale Foundation for its visionary and unprecedented support to transform healthcare,” said Cliff A. Megerian, MD, FACS, UH Chief Executive Officer, Jane and Henry Meyer Chief Executive Officer Distinguished Chair. “Together, we can continue to expand our scope, bettering UH, Cleveland and beyond.”
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About The Campaign for University Hospitals
Because of You: The Campaign for University Hospitals is a $2 billion fundraising effort to support the UH mission. It is the most ambitious fundraising campaign in UH’s 158-year history and led by dedicated volunteer leaders Dee Haslam and Shelly Adelman. The Because of You campaign will strive to make a profound and indelible impact in five key areas: Caring for our children; Transforming cancer care; Investing in our community; Leading discovery and innovation; and Embracing emerging priorities. Learn more about UH’s historic effort to advance the care of patients throughout our community and beyond at UHgiving.org/BecauseofYou
About University Hospitals / Cleveland, Ohio
Founded in 1866, University Hospitals serves the needs of patients through an integrated network of 21 hospitals (including five joint ventures), more than 50 health centers and outpatient facilities, and over 200 physician offices in 16 counties throughout northern Ohio. The system’s flagship quaternary care, academic medical center, University Hospitals Cleveland Medical Center, is affiliated with Case Western Reserve University School of Medicine, Northeast Ohio Medical University, Oxford University, the Technion Israel Institute of Technology and National Taiwan University College of Medicine. The main campus also includes the UH Rainbow Babies & Children's Hospital, ranked among the top children’s hospitals in the nation; UH MacDonald Women's Hospital, Ohio's only hospital for women; and UH Seidman Cancer Center, part of the NCI-designated Case Comprehensive Cancer Center. UH is home to some of the most prestigious clinical and research programs in the nation, with more than 3,000 active clinical trials and research studies underway. UH Cleveland Medical Center is perennially among the highest performers in national ranking surveys, including “America’s Best Hospitals” from U.S. News & World Report. UH is also home to 19 Clinical Care Delivery and Research Institutes. UH is one of the largest employers in Northeast Ohio with more than 30,000 employees. Follow UH on LinkedIn, Facebook and Twitter. For more information, visit UHhospitals.org.