Financial Report 2007 - Year Ended | 06.30.2007

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Highlights | Health Developments

CVC Marks Grand Opening with a Bittersweet Celebration

A week of tremendous emotion stemming from the loss of the U-M Survival Flight Transplant Team turned the June 7, 2007 grand opening of the new Cardiovascular Center (CVC) into a bittersweet celebration. Dr. Robert Kelch, executive vice president for medical affairs, called for a moment of silence to honor the six victims. “Our celebration today is dedicated to our Survival Flight family whom we lost so tragically earlier this week,” he said.

As guests entered the courtyard, the group MASS Ensemble performed on harp strings that stretched from the ground to the top of the five-story building. Musicians also performed a work commissioned for the event composed by U-M professor of music Michael Daugherty. Speakers included U-M graduates Dr. Antonia Novello, former surgeon general; and Dr. Sanjay Gupta, CNN medical correspondent and chief of neurosurgery at Grady Memorial Hospital in Atlanta, GA.

The 350,000-square-foot CVC will be home for most UMHS adult heart and vascular care. It includes a large outpatient clinic, 19 operating and procedure rooms, and amenities including a cafe, auditorium, and indoor gardens.

U-M Mourns Loss, Honors Memory of Transplant Team Heroes

U-M Health System Survival Flight Transplant Team members have helped save thousands of lives over the years by safely transporting organs for critically ill transplant patients. Their quick, professional response often made the difference between life and death, giving hope to victims and their families.

But on the afternoon of June 4, 2007, it was six members of the Survival Flight Transplant Team who became the victims of a tragedy when their plane crashed into Lake Michigan shortly after take-off from Milwaukee. The team was returning to Ann Arbor, carrying organs for a transplant patient at U-M Hospital.

Aboard the aircraft were:

President Mary Sue Coleman and Dr. Robert Kelch Dr. David Ashburn
Fellow (physician-in-training) in cardiothoracic surgery

Richard Chenault II
Donation specialist with the U-M Transplant Program

Dennis Hoyes
Pilot with Marlin Air

Rick Lapensee
Donation specialist with the U-M Transplant Program

Bill Serra
Pilot with Marlin Air

Dr. Martinus (Martin) Spoor
Cardiac surgeon who had been on the faculty since 2003

“Our hearts are broken by this devastating and irreplaceable loss for the University of Michigan community,” said President Mary Sue Coleman during a press conference the following day. “There is no greater act than that of saving a life, and through our grief, we take comfort in knowing these six men died in the service of a fellow human being.”

Tributes and condolences began pouring in almost immediately from across the United States and around the world. On July 27, the University held a service for the six who perished and several memorial funds have been set up in their honor. For more information or to make a contribution, visit www.med.umich.edu/survival_flight/update.

CVC named one of nation’s best by Solucient

Health Developments in Brief

U-M completed its sale of M-CARE to Blue Cross Blue Shield of Michigan and its Blue Care Network subsidiary in December 2006 for $258 million, net of expenses. As part of the sale agreement, Blue Cross also committed up to $10 million to a new joint venture with U-M for research and projects to improve health care across Michigan.

The new $41 million Rachel Upjohn Building, located on the east medical campus, opened October 2006. The facility houses the U-M Depression Center and the U-M Department of Psychiatry’s outpatient clinics, which provide care for people with depression, bipolar disorder, addictions, and other mental illnesses. The building’s second level is entirely devoted to research on these conditions.

On October 6, 2006, the U-M Health System broke ground for the new 1.1 million- square-foot C.S. Mott Children’s Hospital and Women’s Hospital. The $523 million facility is scheduled to open in 2011.

The U-M Autism and Communication Disorders Center is leading an 11-university consortium that will gather and bank DNA samples from 3,000 autism patients over the next three years.

A report issued in February 2007 by the Association of American Medical Colleges reveals that the U-M Medical School and other academic medical centers across the state had a combined economic impact of $18.7 billion in 2005.

The rapid proliferation of children developing food allergies led the U-M Health System to open a new Allergy Specialty Clinic and Food Allergy Clinic in May 2007. The center is located at Domino’s Farms in north Ann Arbor.

U-M launched an innovative program to help improve health and reduce costs for its employees, retirees, and dependents who take multiple prescription medications. Called MHealthy: Focus on Medicines, the new pilot project began in June 2007.

The U-M Health System Transplant Center, in collaboration with Gift of Life Michigan, received the U.S. Department of Health and Human Services’ distinguished Medal of Honor for achieving an organ donation rate of more than 75 percent for an unprecedented second year in a row.

U-M became one of the few institutions in the U.S. with a professorship devoted to sleep studies and the treatment of sleep disorders. The position honors the late Michael S. Aldrich, M.D., founder of the U-M Sleep Disorders Center.

C.S. Mott Children’s Hospital is ranked as the top children’s hospital in Michigan, and among the best in the nation, according to a highly competitive national survey recently released by Childmagazine.

For the second year, the Cardiovascular Center was named one of the nation’s best centers for heart and vascular care by Solucient, a quality-rating service. U-M was one of only 30 hospitals with cardiovascular residencies to make the list.