Oakland University William Beaumont School of Medicine An Opportunity of a Lifetime.

Oakland University William BeaumontSchool of Medicine

An Opportunity of a Lifetime

Why a New Medical School?

• Association of American Medical Colleges called for a 30% increase in medical school admissions

• Medical school admissions have remained virtually unchanged since 1980

• By 2020, there will be a national shortage of approximately 200,000 physicians

• In Michigan alone, the physician shortage is projected to reach 4,400 by 2020

• Fifty-seven percent of practicing Michigan physicians plan to retire by 2020

A Growing Physician Shortage

Why a New Medical School?

A Growing Physician Shortage

• The adjusted physician shortage in Michigan is still approximately 3,400 in 2020 (even with increases in class size in existing medical schools and a new medical school).

Projected Physician Shortage in 2020, Michigan: 4,400

Additional Medical School Graduates: 2006-2020

Additional Physicians, Applied Average, to Remain in

Michigan (44.7% Retention)

University of Michigan Medical School 0 0

Michigan State University College of Human Medicine 950 425

Wayne State University School of Medicine 330 148

Oakland University William Beaumont School of Medicine 850 380 Total Additional Physicians by 2020 2,130 952

Projected Physician Shortage (4,400) Total Additional Physicians by 2020 952

Remaining Physician Shortage in 2020 (3,448)

Projected Physician Shortage in 2020, Michigan: 4,400

Additional Medical School Graduates: 2006-2020

Additional Physicians, Applied Average, to Remain in

Michigan (44.7% Retention)

University of Michigan Medical School 0 0

Michigan State University College of Human Medicine 950 425

Wayne State University School of Medicine 330 148

Oakland University William Beaumont School of Medicine 850 380 Total Additional Physicians by 2020 2,130 952

Projected Physician Shortage (4,400) Total Additional Physicians by 2020 952

Remaining Physician Shortage in 2020 (3,448)

Why a New Medical School?

• Since 1980, the US population has grown from 226 to 300 million people • From 2000 to 2012 the 65 and over population in Michigan is projected to grow

rapidly

Aging Population

Michigan's Percent Population Change by Age Group

9%

-9%

-5%

16%

-10%

-8%

-5%

-3%

0%

3%

5%

8%

10%

13%

15%

2000-2007 2007-2012

Age 18 - 44

Age 65+

Source: Thompson Inc, Population Estimates

Declining Workforce• The decline in the workforce population, high unemployment rate and rising

poverty levels in Michigan makes physician recruitment difficult

US Population Estimates, Age 65+

54.6

71.5

40.237.3

35.031.1

25.6

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

1980 1990 2000 2006 2010 2020 2030

in m

illio

ns

US Population Estimates, Age 65+

54.6

71.5

40.237.3

35.031.1

25.6

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

1980 1990 2000 2006 2010 2020 2030

in m

illio

ns

Why Oakland University and Beaumont Hospitals?

• Oakland University and Beaumont Hospitals respective histories of excellence and collaboration, including 25 years of partnership in Research and Education

• This will provide the new medical school with a foundation built on SYNERGY and LEVERAGE

Oakland University Beaumont Hospitals

•Excellence in Biomedical Sciences and Research

• School of Nursing

• School of Health Sciences

• Eye Research Institute

• Bioengineering

• Informatics

•Nano-Technology

• College of Arts & Sciences

• Success of students applying for medical school

•One of nations largest acute care hospitals

• Legacy of technological innovation

• Clinical excellence

• Translational research

• Large GME program

•World class faculty

• Over 850 clinical studies underway

Medical School

A Relationship Leveraging the Strengths andSynergies of Two Highly Successful Institutions

Why Oakland University and Beaumont Hospitals?

• 18,000 students

• Widely recognized for excellence in the biomedical sciences

• Health care programs in: School of Nursing and School of Health Sciences

• A renowned Eye Research Institute

• Highly-regarded programs in bioengineering, informatics and nano-technology

• State of the art Center for Biomedical Research

• Extensive research in evidence-based medicine, obesity, and biorobotics

• Students applying to medical school have one of the highest acceptance rates in the nation: 79% percent of applications accepted versus the national average of 44%

Oakland University

Why Oakland University and Beaumont Hospitals?

• One of the nation’s largest and most successful community based academic medical centers

• Royal Oak Hospital, a 1061 bed hospital specializes in the care of complex illness as well as the management of chronic disease

• Troy campus- 346 beds, Grosse Pointe campus -289-beds

• Robust clinical and translational research portfolio of 31 million a year

• Largest graduated medical education program of any non university, private practice hospital

• Trains about 400 residents and fellows in 37 different residencies and fellowships, and hosts 600 medical students annually

• 3,000 physicians, and 850 clinical studies underway (involving 50,000 patients)

• Eight clinical programs listed in US News and World Report's America's Best Hospitals for 2008

Beaumont Hospitals

Undergradcourses

Clinical Residency (3 to 7 years)Sub-specialty

fellowshipDidactic2

Year 0 Year 2 Year 4 Year 7 Year 11

Medicalschool

Clinical training sites3

Undergraduate medical education(medical student education)

Graduate medical education(residency/fellowship education)1

Medical education is a 7 to 11+ year process that takes place in both academic and clinical settings

1For the balance of this paper, resident and fellows are referred to collectively as residents.2Increasingly, medical schools are introducing clinical experiences into the first two years of medical school.3Includes teaching hospitals, ambulatory clinics, physician offices, and other sites.

Plan for New Medical School

• A partnership to lead innovation in patient-centered medical education and research

Vision and Mission of Medical School

Philosophy

• Physicians will provide better care through team-managed approach

• Physicians will serve the region’s diverse population

• Physicians will be innovative inquisitors

• Physicians will focus on pre-symptomatic and critical care disease

Plan for New Medical School

• Integrate innovation in its medical school education and research

• Integrate basic science and clinical science education

• Provide clinical experiences early in the medical educational process

• Apply a multi-disciplinary, team-based learning and interaction approach to medical education

• The Oakland University William Beaumont School of Medicine will:

A Distinctive Medical School

Redefine the Role of "doctor"

Emphasize Team Building

Focus on Technology

Promote applied research

Train tomorrow's doctors in the business of Medicine

Plan for New Medical SchoolA Distinctive Medical School

Healthcare Management

Cohort

Healthcare Healthcare ManagementManagement

CohortCohort

PharmacologyPharmacologyCohortCohort

Integrated CurriculumIntegrated CurriculumIntegrated Curriculum

Anatomy / Anatomy / PhysiologyPhysiology

CohortCohort

•• Medical Medical StudentsStudents

•• NursesNurses

•• Allied Health Allied Health ProfessionalsProfessionals

•• Medical Medical StudentsStudents

•• NursesNurses

•• Pharmacy Pharmacy StudentsStudents

•• Medical Medical StudentsStudents

•• Public Health Public Health StudentsStudents

•• MBA MBA StudentsStudents

Year 1 Year 2 Year 3 Year 4Year 1 Year 2 Year 3 Year 4

Team Oriented Patient Care

Team Oriented Team Oriented Patient CarePatient Care

Improved Patient Experience and

Outcomes

Improved Patient Improved Patient Experience and Experience and

OutcomesOutcomes

Basic Science

Clinical Science

Pre-symptomatic Medicine and Preventative Care

Potential Impact of the Oakland University William Beaumont School of Medicine on the Future of Michigan

• Focus on preventive medicine, and chronic care medicine in addition to the traditional medical curriculum

• Recruit world-renowned physicians and faculty to the area

• Provide patient-centered medical education and research

A Healthier Michigan

Economic Impact of a New Medical School in Michigan• Total economic impact from existing medical schools of nearly $19 Billion dollars

for the state’s economy; the new medical school is expected to contribute an additional $1 billion to the state’s economy

• "For every dollar directly spend by a medical school or teaching hospital, an additional $1.30 is indirectly generated for a total impact of $2.30”

• Bring biomedical discoveries to the market

Funding and Finances• Sources of revenue include tuition, research revenues, fees, support from

parent organizations, endowment payouts, and annual gifts / philanthropy

• Expenses include personnel costs, operating expenses, facilities costs, consumables, research costs, and capital expenses

ExpensesRevenues

Tuition& Fees

Commercialization ofIntellectual Property

ExtramuralResearch

EndowmentContribution

Philanthropy(gifts, etc.)

PartnerContributions

Personnel

OperatingCapital

Facilities

Consumables

School ofMedicine

StudentScholarships

EndowedFaculty

TranslationalResearch