January 9, 2014
Cleveland Clinic President and CEO Toby Cosgrove, M.D., has been named to the top spot on Inside Business’ annual Power 100 list, which ranks Northeast Ohio’s most influential CEOs, politicians and civic leaders.
In naming Dr. Cosgrove No. 1, Inside Business cited Cleveland Clinic’s role in the national healthcare debate, its worldwide reputation, and its model of care.
“Toby Cosgrove has been to the White House to talk health care reform,” the magazine writes. “President Barack Obama name-dropped the Cleveland Clinic in a 2012 debate with Mitt Romney. Reporters have flocked to Cleveland to learn how the Clinic controls costs while providing elite quality care .. Its superior care still attracts patients from far beyond Ohio, and it’s recruiting doctors for the Cleveland Clinic Abu Dhabi, set to open in 2015. For many, it remains a symbol of what’s possible in American health care. Others are moving closer to its model of organizing a health system.”
Dr. Cosgrove has been ranked consistently among the Power 100’s Top 3 each year since 2008. He has ranked No. 1 in 2008, 2010 and now 2014.
“Not only is it a tremendous honor for our CEO and Cleveland Clinic, but it’s a sign of just how critical healthcare is to the Northeast Ohio economy,” said Bob Rich, chairman of Cleveland Clinic’s Board of Directors. “As the healthcare industry continues to navigate historic change, Cleveland Clinic will deliver on its mission of excellence in patient care, innovative research and medical education and build the model of healthcare for the future.”
Inside Business compiled the list by surveying the leaders on the previous Power 100 list, in addition to the magazine’s news judgment about recent events and forces affecting the region.
As Cleveland Clinic CEO, Dr. Cosgrove presides over a $6.2 billion healthcare system comprised of the main campus in Cleveland; eight community hospitals; more than 75 Northern Ohio outpatient locations, including 16 full-service Family Health Centers; Cleveland Clinic Florida; the Lou Ruvo Center for Brain Health in Las Vegas; Cleveland Clinic Canada; and, currently under construction, Cleveland Clinic Abu Dhabi.
His leadership has emphasized patient care and patient experience, including the re-organization of clinical services into patient-centered, organ and disease-based institutes. He has launched major wellness initiatives for patients, employees and communities.
Dr. Cosgrove joined Cleveland Clinic in 1975 as a cardiothoracic surgeon, performing more than 22,000 operations and earning an international reputation for expertise in all areas of cardiac surgery, especially valve repair. In 1989, he was named chairman of the Department of Thoracic and Cardiovascular surgery. Under his leadership, Cleveland Clinic’s heart program was ranked No. 1 in America for 10 years in a row by U.S. News & World Report, an honor that has now reached 19 consecutive years.
He has published nearly 450 journal articles, book chapters, one book and 17 training and continuing medical education films. As an innovator, Dr. Cosgrove has 30 patents filed for developing medical and clinical products used in surgical environments. His book, “The Cleveland Clinic Way: Lessons in Excellence from One of the World's Leading Health Care Organizations,” will be released Jan. 10.
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. More than 3,000 full-time salaried physicians and researchers and 11,000 nurses represent 120 medical specialties and subspecialties. The Cleveland Clinic health system includes a main campus near downtown Cleveland, eight community hospitals, more than 75 Northern Ohio outpatient locations, including 16 full-service Family Health Centers, Cleveland Clinic Florida, the Lou Ruvo Center for Brain Health in Las Vegas, Cleveland Clinic Canada, and, currently under construction, Cleveland Clinic Abu Dhabi. In 2012, there were 5.1 million outpatient visits throughout the Cleveland Clinic health system and 157,000 hospital admissions. Patients came for treatment from every state and from more than 130 countries. Visit us at www.clevelandclinic.org. Follow us at www.twitter.com/ClevelandClinic.
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