Cosgrove Transformation Campaign Raises Over $50 Million for Innovation, Research, Education, Patient Experience

Campaign honors legacy of Toby Cosgrove, M.D.

 

Toby Cosgrove, M.D., Cleveland Clinic CEO and president

Donors have raised over $50 million for “The Cosgrove Transformation Campaign,” which was established to honor the career and legacy of Toby Cosgrove, M.D., the out-going CEO and president of Cleveland Clinic.

Robert E. Rich Jr, chair of the Cleveland Clinic’s Board of Directors, made the announcement at a special event Saturday night that honored Dr. Cosgrove’s career. The campaign was designed to inspire innovation, support research, further education, and continue to improve the patient experience in areas that donors directed their gifts to honor of Dr. Cosgrove.

“The money raised through this campaign will expand on the monumental contributions Toby has made in revolutionizing healthcare and will strengthen Cleveland Clinic’s position as a pioneer in medicine,” said Rich. “In his nearly 13 years as CEO and president, Toby put patients at the center of their healthcare experience, fostered a culture of innovation and increased Cleveland Clinic’s presence locally, nationally and internationally.

“In short, Toby helped make Cleveland Clinic what it is today: a world leader in patient experience, clinical outcomes, research and education.”

More than 300 people donated to the campaign, with donations as large as $5 million and as modest as $10. “This really started as a grass roots effort to honor our good friend Toby and became so much more” said Rich. “We have been encouraged to keep this special campaign open-ended beyond this evening.”

Tomislav “Tom” Mihaljevic, M.D. – a cardiothoracic surgeon and CEO of Cleveland Clinic Abu Dhabi – will succeed Dr. Cosgrove as the hospital system’s CEO and president effective Jan. 1, 2018.

“I’m beyond honored by the extremely generous contributions people have made to the transformation campaign,” Dr. Cosgrove said. “Though the campaign may carry my name, it is the donors’ altruism, Dr. Mihaljevic’s leadership, and our caregivers’ talent and commitment that will propel Cleveland Clinic forward to new heights.”

The Cosgrove Transformation Campaign is part of the Cleveland Clinic’s Power of Everyone $2 billion campaign.

About Cleveland Clinic

Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. U.S. News & World Report consistently names Cleveland Clinic as one of the nation’s best hospitals in its annual “America’s Best Hospitals” survey. Among Cleveland Clinic’s 51,000 employees are more than 3,500 full-time salaried physicians and researchers and 14,000 nurses, representing 140 medical specialties and subspecialties. Cleveland Clinic’s health system includes a 165-acre main campus near downtown Cleveland, 10 regional hospitals, more than 150 northern Ohio outpatient locations – including 18 full-service family health centers and three health and wellness centers – and locations in Weston, Fla.; Las Vegas, Nev.; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2016, there were 7.1 million outpatient visits, 161,674 hospital admissions and 207,610 surgical cases throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 185 countries. Visit us at clevelandclinic.org. Follow us at twitter.com/ClevelandClinic. News and resources available at newsroom.clevelandclinic.org.