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Cleveland Clinic Health System Obligated Group - FMSbonds.com

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CLEVELAND CLINIC HEALTH SYSTEMNORTHEAST OHIO SERVICE AREA AND FACILITIESIn recent years, the <strong>Cleveland</strong> <strong>Clinic</strong> has engaged in several efforts to advance its educational and researchmission. In July 2004, the <strong>Cleveland</strong> <strong>Clinic</strong> and Case Western Reserve University (“CWRU”) School of Medicinelaunched the <strong>Cleveland</strong> <strong>Clinic</strong> Lerner College of Medicine of Case Western Reserve University (the “College ofMedicine”). Its primary focus is the teaching and training of medical students who have a particular interest inresearch, and many of the <strong>Cleveland</strong> <strong>Clinic</strong>’s world-renowned physicians serve as faculty for the College ofMedicine, furthering the integration of clinical care with research and education.Florida. In 1988, the <strong>Cleveland</strong> <strong>Clinic</strong> established Florida <strong>Clinic</strong>, a group medical practice operating anoutpatient medical facility in Fort Lauderdale, Florida. In mid-2001, the operations of Florida <strong>Clinic</strong> were moved tothe Weston <strong>Clinic</strong>, and in October 2006, CCF Florida Hospital Corporation became the owner and operator of theWeston Hospital. The <strong>Cleveland</strong> <strong>Clinic</strong> also established, in 1999 through Florida <strong>Clinic</strong> and in 2001 through CCFFlorida Hospital Corporation, respectively, an outpatient medical facility and an adjacent 75-bed hospital in Naples,Florida, both of which were sold in May 2006. See “PART II – THE OBLIGATED GROUP – C. FLORIDA.”Expansion outside Existing Markets. The <strong>Cleveland</strong> <strong>Clinic</strong> has entered into several alliances with outsideparties to promote development outside northeast Ohio of the <strong>Cleveland</strong> <strong>Clinic</strong>’s integrated, academic group practicemodel and the practice procedures resulting from that model. These include clinical affiliations with other U.S.hospitals to strengthen their existing programs through standardization of practices, protocols and related work; theopening of an executive health clinic in Toronto, Ontario, offering physical examinations, diagnostics and treatment;and an agreement to help establish, develop and operate a specialty hospital in the United Arab Emirates to beknown as <strong>Cleveland</strong> <strong>Clinic</strong> Abu Dhabi, as well as working with the <strong>Health</strong> Authority of Abu Dhabi to manage andoperate Sheikh Khalifa Medical City, a network of healthcare facilities in Abu Dhabi. In addition, the <strong>Cleveland</strong><strong>Clinic</strong>’s eRadiology Department provides offsite health care providers with radiology services, including reading ofMRI, CT and other images. Finally, through its website, the <strong>Cleveland</strong> <strong>Clinic</strong> offers the “MyConsult” RemoteSecond Medical Opinion Service.A-4

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