Tai Chi-chang, Vice-President of Yonsei University and Director of Medical Center, prepares for a new era with the founding spirit of Severance
Jan 02, 2025
In his New Year's address, Vice-President and Medical Center Director of Yonsei University, Lee Chi-chang, urged "Let's open a new era based on the spirit of establishment."
The head of the medical center, Geum thanked the faculty and staff for their role in the medical crisis caused by the legislative conflict, stressing that he will focus on the capabilities of medical centers while preparing for a new era beyond the crisis.
In addition, "When Severance's founding spirit of enlightenment, Christianity, and cooperation is needed for the future" he said. ▲Transformation of the system for the treatment of extremely difficult diseases ▲Preemptive introduction of new medical technologies ▲Stabilization of management through diversification of profits ▲ Laying the foundation for long-term development ▲ Realizing overseas projects.
A year has already passed since the crisis in the medical community caused by the legislative conflict that began last year has not been resolved. Due to the recent confusion in state affairs, the parliamentary situation is expected to be prolonged.
Yonsei Medical Center is facing the worst management performance last year, with a deficit of 120 billion won in medical profits, and the fatigue of medical staff who are holding out for where their doctors left is reaching its limit. Normal patient care is still difficult, and as this situation is prolonged, the vicious cycle of deficit management is expected to continue this year. In this situation, I know that your sweat and efforts have been difficult to comfort and compensate with anything. As the medical director, I would like to express my sincere gratitude and warm comfort to each faculty member.
We have been making efforts to fulfill the agency's calling despite difficulties over the past year. As a result, the Hanim Precision Medical Center was opened, a rotary baryon treatment device was operated, and treatment for pancreatic, liver, and lung cancer, the three major incurable cancers, was started. The Graduate School of Convergence Health and Medical Services was established, Severance Hospital ranked first in the entire NCSI industry for four consecutive years, and our medical, dental, and nursing colleges received excellent evaluations in the QS university evaluation. In addition, our researchers' papers have been introduced several times to world-leading journals such as NEJM, JAMA, and Lancet, and have won major national research projects such as the Korea-U.S. Innovation Performance Creation R&D Support Project and the Global Leading Research Center (MRC). I would like to express my deep gratitude to the faculty and staff for making valuable achievements in the midst of difficulties.
This year marks the 140th anniversary of Jejungwon, the root of modern medicine in Korea and the predecessor of Severance.
Severance spread the Christian spirit by treating patients in the land, sowing the seeds of medical education and research, even in the midst of extreme difficulties in the history of the Republic of Korea during the end of the Korean Empire, the Japanese occupation, and the Korean War. Despite today's crisis, Yonsei Medical Center is constantly trying to protect the institution based on the three founding spirits of Severance, seek wisdom from the founding spirit, and prepare for the future. As we say '除舊布', it's time for our medical centers to break away from their existing perspectives and innovate through positive thinking. As I prepare for a new era beyond the crisis, I will focus on the capacity of the medical center as follows in the new year.
First, we will focus our capabilities on system transformation for the treatment of ultra-high-level diseases. Our institution is already transforming the treatment system so that patients with high-level diseases can be treated with confidence. To this end, we will realize specialist-centered treatment and increase the efficiency of manpower management. In addition, we will solve the shortage of manpower by introducing IT technology. Already, for the first time in Korea, artificial intelligence (AI)-based 'Y-Knot' is being applied to the field to support patient's medical record preparation. In addition, we will improve the personnel system to reorganize standards such as hiring and focus on arranging manpower in the right place.
Above all, Yonsei Medical Center will preemptively introduce new medical technology while leading global clinical trials, contributing to the development of new drugs, and realizing precision medical care. If the goal that the ancestors wanted to achieve with the founding spirit 'Culture Spirit' was the modernization of Korean medical care through the introduction of the latest science and technology and innovation of cultural systems, now Severance should shift its paradigm to treating ultra-high-level diseases and present a model for Korea's top general hospital (最).
Next, we will realize management stabilization through profit diversification. Due to the parliamentary crisis, medical centers recorded a deficit of 120 billion won in medical income last year, and this year, a significant deficit is expected even if the government's various support and fee increases are reflected. In the current situation where it is impossible to reinvest only with medical profits due to the rapid change in the medical environment, Yonsei Medical Center will focus on stabilizing its management with future investments through diversification of its profit structure.
We will strengthen R&D support and strengthen the R&D profit structure, such as patents and technology transfer. We will also revitalize the creation of investment returns through venture investment associations, Korea's first industry-academic cooperation fund. So far, it has operated 9 billion won in investment and invested in 11 companies, and the total value of investment companies is currently valued at more than 200 billion won. The return on investment will be reinvested into the school's R&D, which will serve as the basis for improving research competitiveness.
We will also focus our efforts on fundraising projects so that a social virtuous cycle can be achieved. Despite the difficult economic situation last year, many meaningful donors in society sent love and interest to Yonsei Medical Center, and the annual donation is expected to exceed 50 billion won as of the fiscal year. From patient treatment, new institution, and seed money for improving research, I will successfully promote the next seven years' big fundraising campaign by developing strategies for each institution and purpose.
We will also steadily prepare for the future by laying the foundation for long-term development. We will do our best to build a new medical school currently in progress. The medical school to be built on the site of the Allen Hall is currently in the design stage, with a small classroom, training center, and digital information center for students' discussion-style classes. In addition, we will also create a convergence research space for convergence research. Future healthcare can only be advanced by crossing boundaries. Just as our ancestors practiced a cross-faith 'cooperative spirit' to establish Severance, Severance's future medicine should present a new blueprint in cooperation with engineering, IT, and life sciences.
We will also improve the space efficiency of medical centers through reconstruction of the control tube. Along with reconstruction, we will promote efficient relocation of treatment spaces and create underground roadways and central green spaces to realize the safety and happiness of patients and faculty as our top priority. The construction of Yongin Severance Hospital Yonsei Medical Innovation Center (Y-MIC), Gangnam Severance Hospital, and Songdo Severance Hospital will also be prepared in stages according to the plan.
Finally, I will further expand the founding spirit of our medical center, 'Christian Spirit'. Yonsei Medical Center is practicing sharing for patients in need and neighbors, including the Good Samaritan SOS Project to support severe emergency patients in medical blind spots, 1% sharing of faculty and staff, and the Labor-Management Public Interest Fund. In addition, KT and Cambodia are supporting children with hearing loss, and are focusing on overseas patient treatment and fostering medical personnel in vulnerable countries through the Global Severance Global Charity Project. We will also make various efforts to achieve the 100% employment rate for the disabled at Yonsei Medical Center. Severance is an institution established by God. Never forgetting this, Severance will continue to fulfill its mission as a medical missionary institution.
In addition, Qingdao Severance Rehabilitation Hospital (tentative name) will be completed at the end of this year. Qingdao Severance Rehabilitation Hospital is the first overseas Severance Hospital to be established based on Severance's operational know-how and system, and it will be the beginning of the global spread of the brand Severance. And we are also preparing for the Eternity Trade and the Bangladesh Medical Cluster we are pursuing. Bangladesh Medical Cluster, which includes medical institutions and educational institutions, will house a 100-bed pilot hospital, a 400-bed general hospital, a medical school and a nursing college. Yonsei Medical Center will realize global Severance by successfully carrying out these overseas projects and spreading the spirit of Severance to the world through excellent clinical and educational programs of Severance.
Dear faculty and staff.
This year, the situation may not be easy. This is a time when wisdom is needed more than ever. I hope we can create a more advanced Severance by sharing wisdom with each other. Please join forces with Yonsei Medical Center so that it can continue to fulfill its calling without being ashamed of its 140-year history.
I pray for the development of Yonsei Medical Center and the happiness of all the family members of the medical center among the care of our God in the 乙巳 of 2025.
The head of the medical center, Geum thanked the faculty and staff for their role in the medical crisis caused by the legislative conflict, stressing that he will focus on the capabilities of medical centers while preparing for a new era beyond the crisis.
In addition, "When Severance's founding spirit of enlightenment, Christianity, and cooperation is needed for the future" he said. ▲Transformation of the system for the treatment of extremely difficult diseases ▲Preemptive introduction of new medical technologies ▲Stabilization of management through diversification of profits ▲ Laying the foundation for long-term development ▲ Realizing overseas projects.
A year has already passed since the crisis in the medical community caused by the legislative conflict that began last year has not been resolved. Due to the recent confusion in state affairs, the parliamentary situation is expected to be prolonged.
Yonsei Medical Center is facing the worst management performance last year, with a deficit of 120 billion won in medical profits, and the fatigue of medical staff who are holding out for where their doctors left is reaching its limit. Normal patient care is still difficult, and as this situation is prolonged, the vicious cycle of deficit management is expected to continue this year. In this situation, I know that your sweat and efforts have been difficult to comfort and compensate with anything. As the medical director, I would like to express my sincere gratitude and warm comfort to each faculty member.
We have been making efforts to fulfill the agency's calling despite difficulties over the past year. As a result, the Hanim Precision Medical Center was opened, a rotary baryon treatment device was operated, and treatment for pancreatic, liver, and lung cancer, the three major incurable cancers, was started. The Graduate School of Convergence Health and Medical Services was established, Severance Hospital ranked first in the entire NCSI industry for four consecutive years, and our medical, dental, and nursing colleges received excellent evaluations in the QS university evaluation. In addition, our researchers' papers have been introduced several times to world-leading journals such as NEJM, JAMA, and Lancet, and have won major national research projects such as the Korea-U.S. Innovation Performance Creation R&D Support Project and the Global Leading Research Center (MRC). I would like to express my deep gratitude to the faculty and staff for making valuable achievements in the midst of difficulties.
This year marks the 140th anniversary of Jejungwon, the root of modern medicine in Korea and the predecessor of Severance.
Severance spread the Christian spirit by treating patients in the land, sowing the seeds of medical education and research, even in the midst of extreme difficulties in the history of the Republic of Korea during the end of the Korean Empire, the Japanese occupation, and the Korean War. Despite today's crisis, Yonsei Medical Center is constantly trying to protect the institution based on the three founding spirits of Severance, seek wisdom from the founding spirit, and prepare for the future. As we say '除舊布', it's time for our medical centers to break away from their existing perspectives and innovate through positive thinking. As I prepare for a new era beyond the crisis, I will focus on the capacity of the medical center as follows in the new year.
First, we will focus our capabilities on system transformation for the treatment of ultra-high-level diseases. Our institution is already transforming the treatment system so that patients with high-level diseases can be treated with confidence. To this end, we will realize specialist-centered treatment and increase the efficiency of manpower management. In addition, we will solve the shortage of manpower by introducing IT technology. Already, for the first time in Korea, artificial intelligence (AI)-based 'Y-Knot' is being applied to the field to support patient's medical record preparation. In addition, we will improve the personnel system to reorganize standards such as hiring and focus on arranging manpower in the right place.
Above all, Yonsei Medical Center will preemptively introduce new medical technology while leading global clinical trials, contributing to the development of new drugs, and realizing precision medical care. If the goal that the ancestors wanted to achieve with the founding spirit 'Culture Spirit' was the modernization of Korean medical care through the introduction of the latest science and technology and innovation of cultural systems, now Severance should shift its paradigm to treating ultra-high-level diseases and present a model for Korea's top general hospital (最).
Next, we will realize management stabilization through profit diversification. Due to the parliamentary crisis, medical centers recorded a deficit of 120 billion won in medical income last year, and this year, a significant deficit is expected even if the government's various support and fee increases are reflected. In the current situation where it is impossible to reinvest only with medical profits due to the rapid change in the medical environment, Yonsei Medical Center will focus on stabilizing its management with future investments through diversification of its profit structure.
We will strengthen R&D support and strengthen the R&D profit structure, such as patents and technology transfer. We will also revitalize the creation of investment returns through venture investment associations, Korea's first industry-academic cooperation fund. So far, it has operated 9 billion won in investment and invested in 11 companies, and the total value of investment companies is currently valued at more than 200 billion won. The return on investment will be reinvested into the school's R&D, which will serve as the basis for improving research competitiveness.
We will also focus our efforts on fundraising projects so that a social virtuous cycle can be achieved. Despite the difficult economic situation last year, many meaningful donors in society sent love and interest to Yonsei Medical Center, and the annual donation is expected to exceed 50 billion won as of the fiscal year. From patient treatment, new institution, and seed money for improving research, I will successfully promote the next seven years' big fundraising campaign by developing strategies for each institution and purpose.
We will also steadily prepare for the future by laying the foundation for long-term development. We will do our best to build a new medical school currently in progress. The medical school to be built on the site of the Allen Hall is currently in the design stage, with a small classroom, training center, and digital information center for students' discussion-style classes. In addition, we will also create a convergence research space for convergence research. Future healthcare can only be advanced by crossing boundaries. Just as our ancestors practiced a cross-faith 'cooperative spirit' to establish Severance, Severance's future medicine should present a new blueprint in cooperation with engineering, IT, and life sciences.
We will also improve the space efficiency of medical centers through reconstruction of the control tube. Along with reconstruction, we will promote efficient relocation of treatment spaces and create underground roadways and central green spaces to realize the safety and happiness of patients and faculty as our top priority. The construction of Yongin Severance Hospital Yonsei Medical Innovation Center (Y-MIC), Gangnam Severance Hospital, and Songdo Severance Hospital will also be prepared in stages according to the plan.
Finally, I will further expand the founding spirit of our medical center, 'Christian Spirit'. Yonsei Medical Center is practicing sharing for patients in need and neighbors, including the Good Samaritan SOS Project to support severe emergency patients in medical blind spots, 1% sharing of faculty and staff, and the Labor-Management Public Interest Fund. In addition, KT and Cambodia are supporting children with hearing loss, and are focusing on overseas patient treatment and fostering medical personnel in vulnerable countries through the Global Severance Global Charity Project. We will also make various efforts to achieve the 100% employment rate for the disabled at Yonsei Medical Center. Severance is an institution established by God. Never forgetting this, Severance will continue to fulfill its mission as a medical missionary institution.
In addition, Qingdao Severance Rehabilitation Hospital (tentative name) will be completed at the end of this year. Qingdao Severance Rehabilitation Hospital is the first overseas Severance Hospital to be established based on Severance's operational know-how and system, and it will be the beginning of the global spread of the brand Severance. And we are also preparing for the Eternity Trade and the Bangladesh Medical Cluster we are pursuing. Bangladesh Medical Cluster, which includes medical institutions and educational institutions, will house a 100-bed pilot hospital, a 400-bed general hospital, a medical school and a nursing college. Yonsei Medical Center will realize global Severance by successfully carrying out these overseas projects and spreading the spirit of Severance to the world through excellent clinical and educational programs of Severance.
Dear faculty and staff.
This year, the situation may not be easy. This is a time when wisdom is needed more than ever. I hope we can create a more advanced Severance by sharing wisdom with each other. Please join forces with Yonsei Medical Center so that it can continue to fulfill its calling without being ashamed of its 140-year history.
I pray for the development of Yonsei Medical Center and the happiness of all the family members of the medical center among the care of our God in the 乙巳 of 2025.
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This article was translated by Naver AI translator.
