In annual address, CEO, President Tom Mihaljevic, M.D., cited successes, challenges of 2021 and outlined upcoming goals, projects, future of healthcare
images: 3
video: 1
audio: 0
text: 0
Content is property of Cleveland Clinic and for news media use only.
Cleveland Clinic CEO and President Tom Mihaljevic, M.D., delivered the annual State of the Clinicaddress today, outlining the successes and challenges of 2021 – the hospital’s 100th year.
Speaking directly to the health system’s 70,000-plus employees worldwide, Dr. Mihaljevic praised the Cleveland Clinic family for staying committed to the organization’s mission despite facing one of the most challenging years healthcare has experienced.
“As the centennial of Cleveland Clinic draws to a close, we continue to face the greatest healthcare crisis in generations. Present conditions are pushing hospitals to the breaking point,” Dr. Mihaljevic said. “We have never cared for so many critically ill patients with COVID-19. Most of them are not vaccinated. Their suffering could have been prevented, and that knowledge is hard on our teams, who are short-staffed and weary.
“Caregivers shoulder a burden that no one else is prepared to do. And you do it for every single patient, caring for them as you would a loved one. I admire our caregivers and respect your sacrifices.”
Despite the pandemic, 2021 yielded Cleveland Clinic’s strongest financial performance and the highest clinical activity ever recorded in its history. Total operating revenue reached $12.4 billion, with an operating income of $746 million. The health system performed 10.4 million outpatient visits – a 17% increase from 2020 – and more than 22,800 COVID-19 admissions.
“Every life could benefit from the care we provide. Touching more lives is our responsibility, and it supports our future,” Dr. Mihaljevic said. “When we perform well, it gives us the resources to reinvest – into our mission, our caregivers and our care.”
Philanthropy also has made a sizable impact on the hospital’s ability to fulfill its mission. The Power of Every One campaign came to a close in 2021 – exceeding its $2 billion goal by raising nearly $2.6 billion. The generosity of donors from every state and around the world built a campus for higher learning, endowed roles for scientists, fed caregivers and their families, and funded scientific breakthroughs.
Throughout the pandemic, Cleveland Clinic’s priorities have remained unchanged – caring for patients, caregivers, the organization and the community.
At Cleveland Clinic, patient care is a lifelong commitment guided by safety, quality and great patient experience. The goal is to be the undisputed best place for care in the world.
“We are absolutely committed to eliminating (serious safety events),” Dr. Mihaljevic said. “This is not a lofty goal. It can be measured with unfiltered transparency. We must raise awareness by starting every conversation with safety.”
As Cleveland Clinic looks to the future, its mission will remain the same as it’s been since 1921: “Provide the best care possible. Invent it through research and innovation. Then, share the best care with the world.”
Cleveland Clinic’s goal is to become the best place to work in healthcare. In 2021, Cleveland Clinic invested in caregivers by raising pay to be fair, equitable and competitive, and offering the leading benefits package in healthcare. Gifts of gratitude were offered to caregivers as a new way to celebrate their extraordinary service and dedication during the pandemic.
“We are used to emergencies in this profession,” he said. “But we have never been asked to handle a crisis for two years – at work, and at home.”
Unfortunately, in the midst of this upheaval, violence toward caregivers has increased. Caregivers spoke up, allowing for an increased police presence, improved weapon screening and a program for safe escort.
“The most common question I am asked is, ‘Where will Cleveland Clinic go next?’ To me, it is not about where, but how we will grow. We build, partner and innovate with technology,” Dr. Mihaljevic said. “This year, we are funding $1.3 billion in projects. Nearly half of that will be used to renew our current facilities.”
In 2022, projects include:
Further investments in research can prevent disease. “Cleveland Clinic has the vision to make these discoveries,” he said. “We have always prepared tomorrow’s caregivers to deliver the best care.”
Examples include: studies by the Global Center for Pathogen and Human Health Research investigating viruses, cancers and the links between the two; a partnership with IBM to employ disease data; a long-term brain study to prevent neurological disease; a bionic arm that allows the wearer to think, move and feel naturally; and a novel breast cancer vaccine, now in clinical trials.
“Cleveland Clinic heals, hires and invests locally,” Dr. Mihaljevic said. “Our goal is to create the healthiest communities for everyone.”
As part of a commitment to improve the communities it calls home, Cleveland Clinic contributed $1.3 billion in community benefit — the most in its history.
The prevention of childhood lead poisoning is Cleveland Clinic’s top community initiative in 2022, pledging $52.5 million to identify and remove harmful sources of lead exposure from Cleveland homes.
Additional community efforts are focusing on:
“Over the past year, we celebrated a century of excellence with pride. Together, we declared: Cleveland Clinic is the future of healthcare since 1921,” Dr. Mihaljevic said. “Cleveland Clinic shines brightest when we are most needed, and so do our people. By every measure, we have come through the past two years stronger. Demand for our services has never been greater, which is the highest recognition of all. Our patients remind us that there can be no limitations in what we set out to achieve.”
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. Cleveland Clinic is consistently recognized in the U.S. and throughout the world for its expertise and care. Among Cleveland Clinic’s 81,000 employees worldwide are more than 5,743 salaried physicians and researchers, and 20,160 registered nurses and advanced practice providers, representing 140 medical specialties and subspecialties. Cleveland Clinic is a 6,690-bed health system that includes a 173-acre main campus near downtown Cleveland, 23 hospitals, 276 outpatient facilities, including locations in northeast Ohio; Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2023, there were 13.7 million outpatient encounters, 323,000 hospital admissions and observations, and 301,000 surgeries and procedures throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 132 countries. Visit us at clevelandclinic.org. Follow us at twitter.com/CleClinicNews. News and resources available at newsroom.clevelandclinic.org.
Editor’s Note: Cleveland Clinic News Service is available to provide broadcast-quality interviews and B-roll upon request.