MEDIA RELEASE

For Immediate Release:
June 22, 2010

Final phase of LHSC restructuring announced at Annual Community Meeting

(LONDON, Ontario) – London Health Sciences Centre (LHSC) announced at today’s Annual Community Meeting its plans for the final phase of restructuring at LHSC.

LHSC, along with St. Joseph’s Health Care, London and Infrastructure Ontario, recently released a request for qualifications to build and finance the final phase of renovations including LHSC’s Victoria and University Hospital sites.

“We are very pleased to move into this final phase of renewal of our facilities,” says Cliff Nordal, LHSC President and Chief Executive Officer. “Community members in London, and throughout southwestern Ontario will see the benefit of these redeveloped facilities.”

Projects at LHSC under M2P3 will include approximately 50,000 square feet of renovated space at University Hospital to consolidate the Department of Medicine, Allied Health Services and the development of a Family Medicine/Palliative Care Inpatient Unit; and at Victoria Hospital 100,000 square feet of construction includes renovations to the Perioperative Suite to create additional operating rooms, conversion of Paediatric Inpatient Units to Adult Inpatient Units and the relocation of the Department of Medicine clinics and offices.

LHSC also reported at today’s Annual Community Meeting a nearly balanced fiscal year end position with an operating surplus of $4.5 million (less than 0.5%) however, a deeper analysis of the data indicates that the organization faced a $10 million deficit in clinical operations. The operating surplus was achieved due to one-time energy savings from a milder winter, one-time revenue obtained from pharmacy drug rebate, and a freeze on capital spending. The total year end positive financial results included equipment depreciation and the sale of land.

“Although this past fiscal year was filled with economic forces which continue to challenge governments, and in turn health and social services, we persist in our efforts to sustain quality and access to care, increase productivity, and reduce costs”, said Nordal.

This year marked the final Annual Community Meeting to be held at South Street Hospital which will close to patient care this time next year. It was also the final ACM for both Nordal, who will be retiring in January 2011, and Board Chair Bob Siskind whose two-year term has ended.

“I would like to acknowledge the dedication of Bob Siskind and the entire Board of Directors, who give generously of their time and expertise to help guide our organization, said Cliff Nordal. “I also welcome incoming Board Chair, Peter Johnson”.

A brief bio on Johnson can be found in the attached backgrounder, which also contains information on this year’s keynote address, entitled “A History of Research Innovation”, given by Dr. David Hill and the recent $1 million research chair awarded to Dr. Richard Kim who is featured on the cover of this year’s Annual Report to the Community.

The hospital’s annual report, including detailed financials, can be found at www.lhsc.on.ca or by calling 519-667-6760 to request a copy.

About London Health Sciences Centre

London Health Sciences Centre has been in the forefront of medicine in Canada for 135 years and offers the broadest range of specialized clinical services in Ontario. Building on the traditions of its founding hospitals to provide compassionate care in an academic teaching setting, London Health Sciences Centre is home to Children’s Hospital, South Street Hospital, University Hospital, Victoria Hospital, two family medical centres, and Lawson Health Research Institute - a joint research initiative with St Joseph’s Health Care, London. As a leader in medical discovery and health research, London Health Sciences Centre has a history of over 30 international and national firsts and attracts top clinicians and researchers from around the world. As a regional referral centre, London Health Sciences Centre cares for the most medically complex patients including critically injured adults and children in Southwestern Ontario and beyond. The hospital’s 10,000 staff, physicians, students and volunteers provide care for more than one million patient visits a year. For more information visit www.lhsc.on.ca

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For media inquiries contact:
Sarah Corrigan
Corporate Communications and Public Relations
London Health Sciences Centre
519-685-8500, ext. 77062 / Pager 17062
Sarah.Corrigan@lhsc.on.ca

After-hours assistance:
Call LHSC Switchboard at 519-685-8500 and ask to page the communication consultant on-call

Visit the LHSC Media web site at www.lhsc.on.ca/media


Backgrounder

2010 Annual Community Meeting highlights

Caring for You. Innovating for the World. ® At LHSC, it’s in our DNA.

For more than 135 years, London Health Sciences Centre has been caring for the community and innovating for the world. Since 1948 we have achieved over 50 Canadian, North American, and world firsts. We care for more than one million patients from London, southwestern Ontario and beyond each year. Our proud tradition of caring and innovation is quite simply in our DNA.

The very last LHSC Annual Community Meeting to be held at South Street Hospital featured several highlights including: the introduction of the incoming Chair of the Board of Directors, Peter Johnson; a keynote address from Dr. David Hill, Scientific Director of Lawson Health Research Institute; and the recent $1 million research chair awarded to Dr. Richard Kim. Please see below for more information.

Peter Johnson
Peter Johnson is incoming Chair of LHSC’s Board of Directors and is a partner with Lerners LLP, practicing corporate and commercial law. Peter was corporate counsel to LHSC, LHSF and Lawson Health Research Institute and has also represented the John P. Robarts Institute and LHSC in the commercialization of their technologies. Peter currently is Chair of London Hydro Corporation, Vice Chair of the Ontario Hospital Association, Chair of Fowler Kennedy Sports Medicine Clinic and a director of OHAfrica and Lawson Research Institute. He is also a former Chair of the Children's Health Foundation. He has served as a board member for a number of TSE listed companies. Peter has his HBA, MBA and LLB from the University of Western Ontario.

Keynote address: Dr. David Hill
In his keynote address, “A History of Research Innovation” Dr. David Hill, Scientific Director of Lawson Health Research Institute highlighted past, present and future medical discoveries at London Health Sciences Centre.

Some key medical breakthroughs at Victoria Hospital that were noted by Dr. Hill included: Canada’s first artificial kidney in 1949; the site of the first cancer therapy to use the cobalt bomb in 1951; the start of genetic testing even before the discovery of DNA, and the finding of the grapefruit effect in 1989 which showed that taking certain medications with a glass of grapefruit juice is the same as taking 12-15 tablets of the same medication with a glass of water.

Today, research continues to be an integral part of the LHSC’s strategic plan with more than 1,200 research personnel involved in all areas of research across the hospitals in London

Cancer Care Ontario awards LHSC
Cancer Care Ontario recently awarded two of six national research chairs to LHSC. Dr. Richard Kim, was awarded a research chair worth $1 million over five years for his important work in the area of Experimental Therapeutics. In addition, London Regional Cancer Program, in partnership with The University of Western Ontario, was awarded a Recruitment License which will be used to recruit a Cancer Translational Imaging Scientist to work in the new Baines Centre for Translational Cancer Research.


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Last Updated August 3, 2010 | © 2007, LHSC, London Ontario Canada