The health care industry is undergoing transformative change due to many factors, including unsustainable increases in costs, an aging patient and physician population, a primary care provider shortage, and the need to shift from a medical education and health care delivery system focused on providing episodic care to one designed to prevent and manage disease. To respond to this transformation, in April 2014, Carle Health System1 and the University of Illinois Foundation retained Pittsburgh-based consulting firm Tripp Umbach to complete a feasibility report that recommended the development of a specialized engineering-based College of Medicine in Urbana-Champaign through a partnership between Carle Health System and the University of Illinois at Urbana-Champaign. The following business plan includes a more robust evaluation of the need for and the financial and resource implications of a new College of Medicine.

Download the business plan.