PHILADELPHIA CREAM, October 14, 2021 / PRNewswire / – Eight years after being appointed chairman of Thomas Jefferson University and CEO of Jefferson Health, Stephen K. Klasko, MD, MBA, will retire, effective December 31, 2021. He will remain a special advisor to Jefferson’s board of directors for the pillars of innovation and philanthropy until the end of fiscal 2022.
“I am very proud of the folks at Jefferson, who have responded as heroes for the past 18 months. Together we have rethought what health, education and research can be for the future, and I think Jefferson is sure. the right way to lead this revolution, ”Klasko said.
As chairman of Thomas Jefferson University and CEO of Philadelphia creamBased at Jefferson Health, Dr Klasko led one of the fastest growing academic medical institutions in the country based on his vision to reinvent higher education and healthcare. He played a key role in executing the 2017 merger of Thomas Jefferson University and University of Philadelphia, which has created a leading professional university that includes the top 10 programs in Fashion, Design and Occupational Therapy.
Under his leadership, Jefferson Health grew from three hospitals to 18 with revenues that grew from $ 1.5 billion over $ 6.7 billion, annualized. With the impending acquisition of HealthPartners Plans, a health insurer of nearly 250,000 adults and 11,000 children, Jefferson will have reached approximately $ 8.1 billion in turnover with more than 45,000 employees, since Klasko was recruited in June 2013.
Outward investment increased dramatically during his tenure, especially through research grants and philanthropy. Klasko got a $ 110 million donation, the largest ever created by Jefferson, to rename Jefferson Medical College to Sidney Kimmel Medical College. Then, in 2019, the Kimmel family donated another $ 70 million donation, Jefferson’s second-largest in history, to help build the Caroline Kimmel Research Building, that will transform the Locust Street corridor and allow Jefferson to attract more principal investigators to conduct research and discovery.
“Health Care Anywhere” has been Klasko’s dream for Jefferson since he was hired. This led to a major investment in telehealth in 2014 to create JeffConnect®, one of the largest specialty telehealth services in the country, staffed exclusively with Jefferson providers, which became a key point of access for consumers during the pandemic, when many feared entering health facilities.
The Jefferson Health clinical team led by the president Bruce A. Meyer, MD, MBA, has treated the largest volume of COVID-19 positive patients in the region and has been praised for its personalized approach to early and late-life visits during the flare. Meanwhile, the academic team, led by Thomas Jefferson University Provost Mark Tykocinski, MD, created a nationally acclaimed ‘hybrid-flexible’ education model for both campuses – a unique blend of online and in-person education – while hosting over 2,600 online course in the days following the lockdown.
Despite the pandemic, construction of the specialist care pavilion at 11 is well underway.e and Chestnut Streets, an iconic 19-story building that will transform downtown and was recognized as the Real Estate Deal of the Year by the Philadelphia Business Journal in 2021. The project is expected to be completed within the Jeffersonian 200e anniversary in 2024.
Klasko is stepping down to focus on the critical need to reform America’s fragmented, disconnected and costly healthcare system, and instead create a new medicare system that helps patients and families live their best.
Commenting on his planned retirement, Klasko said, “I am so proud of what we have been able to accomplish at Jefferson. Our unique four-pillar model: academics, clinic, innovation and philanthropy has helped transform the organization into the model business we have today. Our Board of Directors took the bold step in 2013 to take the organization in a new direction, and I thank them, my executive colleagues and all of our faculty, students and staff at Jefferson for all they have done to lead our I was fortunate enough to work alongside a group of Trustees from 2013 to today who understand Jefferson’s incredibly important role in advancing education and healthcare for ALL Philadelphians. I am very proud of our Strategic Action Plan which transformed Jefferson’s mission to “We Improve Lives” which has led to transformational donations such as Frazier Family Coalition Education and Stroke Prevention in North Philadelphia, and the Closing The Gap by postal code initiative in collaboration with Novartis and Temple University. “
Chairman of the Board of Directors of Jefferson Patricia D. Wellenbach said: “Dr. Klasko has been tireless in his entrepreneurial spirit, but as important as his creativity and energy have been his commitment to diversity, inclusion and community engagement. Her efforts to launch the Philadelphia Collaborative for Health Equity have made significant strides in addressing health disparities for the city’s residents. We have an incredibly strong and dedicated management team to carry on Klasko’s legacy, and we thank him for all he has done for Jefferson. “
Director Emeritus of the Board H. Richard Haverstick, Jr. will assume the duties of Interim President and Chief Executive Officer effective January 1, 2022. Mr. Haverstick will have the unconditional support of Jefferson executive firm leadership team, including its clinical and academic leaders Bruce A. Meyer, MD, MBA and Mark L. Tykocinski, MD as the board embarks on a nationwide search for Klasko’s successor. This research will be conducted by Leslie McNamara, vice-president of Jefferson Board of Directors, and guided by the important work that the Board has already started around the “CEO of the future”.
Jefferson, located in the largest Philadelphia cream region and south New Jersey, is reinventing healthcare and education to create unparalleled value. Jefferson is over 40,000 strong, dedicated to providing the highest quality and compassionate clinical care to patients, preparing the professional leaders of tomorrow for 21st careers of the century and discover new treatments to define the future of care. Thomas Jefferson University, home of Sidney Kimmel Medical College, dates back to 1824 and today comprises 10 colleges and four schools offering 160 undergraduate and graduate programs to more than 8,200 students. Jefferson Health serves patients through millions of encounters each year at 18 hospitals (10 are Magnet® designated by the ANCC for Excellence in Nursing) and more than 50 ambulatory and emergency care centers across the region .
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