Cleveland Clinic Health System Obligated Group - FMSbonds.com

In addition to the broad range of outpatient services available at the 16 Family Health Centers, certainoncology services, such as radiation therapy, are provided at a variety of other locations. Two examples of such aspecialized community facility are the Cancer Care Centers in Parma and Independence, southern suburbs ofCleveland. The Cleveland Clinic also provides on-site, part-time staffing of small offices by regional medicalpractice physicians at certain nursing homes.Outpatient visits to Family Health Centers and the Cancer Care Centers totaled 1,310,749 in 2007, anincrease of 49,572 visits (3.9%) over 2006, and an increase of 135,067 visits (11.5%) over 2005.The Cleveland Clinic and its Affiliates plan to establish additional, strategically located outpatient facilitiesto meet the needs of patients, to address the demands of the changing managed care environment and to improveaccess to services.The HospitalThe Cleveland Clinic operates an acute care hospital on its main campus with approximately 1,084available beds. Patients admitted to the Hospital are attended by members of the Professional Staff in all but limitedinstances. In 2007, approximately 82% of the Hospital’s inpatient activity was from Ohio residents, including 46%from residents of Cuyahoga County, the county in which the Cleveland Clinic’s main campus and most of its Ohiofacilities are located. The Cleveland Clinic’s expert, innovative and specialized services draw patients fromthroughout the United States and many parts of the world. In 2007, non-U.S. residents accounted for approximatelyone percent of the Hospital’s discharges.Research and EducationThe Cleveland Clinic is committed to research and education to fulfill part of its fundamental mission, andto maintain its position at the forefront of scientific and medical advances. The Cleveland Clinic’s research andeducation activities include conducting basic research activities through the Lerner Research Institute (“LRI”),clinical research activities through clinical departments and LRI, and medical education through the ClevelandClinic Educational Foundation, an Ohio nonprofit corporation and a Tax-Exempt Organization (the “EducationalFoundation”).The Lerner Research Institute. The LRI, located on the Cleveland Clinic’s main campus, is home to theCleveland Clinic’s basic research departments. The LRI has nearly 200 faculty-level scientists, organized indepartments for research in the areas of biomedical engineering, cancer biology, cell biology, genomic medicine,quantitative health sciences, stem cell biology and regenerative medicine, pathobiology, molecular genetics andvirology, molecular cardiology, immunology, ophthalmology and neurosciences. Altogether, nearly 1,500 scientistsand support personnel work at the LRI. The LRI is a growing institution and the number of investigators has risenevery year. The LRI is committed to academic excellence, and a majority of LRI faculty also has appointments atone or more of CWRU, Cleveland State University and Kent State University. Approximately 175 graduatestudents are currently conducting their thesis research at the LRI. The LRI is committed to training the nextgeneration of biomedical researchers. The LRI has 270 Postdoctoral Research Fellows. The LRI also offers its ownMolecular Medicine PhD program. Researchers are active participants in the College of Medicine.Clinical Research. In addition to basic pre-clinical research, the Cleveland Clinic conducts many clinicaltrials of new pharmaceutical agents and medical devices. Under the direction of the Vice-Chairman of Research –LRI, the goals are to ensure institutional policies and procedures that will support responsible conduct of clinicalresearch; develop and manage a centralized infrastructure for clinical research; provide support and education forclinical investigators; and facilitate development of translational research. The Vice-Chairman of Research – LRIworks closely with the Staff of the Education Institute and the Educational Foundation to provide educationalprograms related to clinical research. LRI promotes and coordinates translational research programs and, withclinical departments throughout the Cleveland Clinic, supports and facilitates patient-based research programs.The Cleveland Clinic funds the annual cost of research from external sources, such as federal grants andcontracts and contributions restricted for research, and internal sources such as contributions, endowment earningsand revenue from operations.A-13