Here are five insights:
1. The Krohns plan to dispense the $6 million commitment over their lifetimes. The first $2 million was donated recently to establish the Amy and David Krohn Family Distinguished Chair in Orthopaedic Outcomes.
2. The initial $2 million donation will go toward research and the Orthopaadic & Rheumatologic Center. Center director Carlos Higuera-Rueda, MD, will be the first researcher to hold the newly endowed chair.
3. Dr. Higuera-Rueda will pursue his research in preventing postsurgical infections and eradicating injections without removing implants.
4. Mr. and Mrs. Krohns made the first $400,000 installment of the $2 million. They will contribute $200,000 annually until $2 million is amassed. Endowed chairs at Cleveland Clinic have a minimum $2 million commitment.
5. After their death, Mr. and Mrs. Krohns will donate the remaining $4 million.
More articles on practice management:
UVM Medical Center gets green light to purchase $22M in nearby property: 5 highlights
Shriners to bring pediatric orthopedic surgeons to Montana clinics
Bundled payments and orthopedic care
