Recognizing that a medical school developed through a partnership between a high-quality, fully-integrated health system and a University with one of the world’s top ranked engineering programs would provide multiple health and economic benefits for the region and state, Carle Health System and the University of Illinois hired Tripp Umbach to facilitate the development of the first engineering-based medical school.
In January 2014, Tripp Umbach was retained to conduct a feasibility assessment to determine an appropriate model for medical school development and to identify the costs, opportunities, and benefits of establishing a four-year medical education program in Urbana-Champaign, Illinois.
Tripp Umbach’s feasibility study provided the University of Illinois and Carle Health System with the optimal medical school model and recommendations regarding how best to move forward to develop the school. After the study was complete, the partners asked Tripp Umbach to create a business plan for the new College of Medicine, including financial analysis, governance structure, and required infrastructure resources.
The feasibility and business planning work completed by Tripp Umbach created a roadmap for the development of the new school and a tool to communicate the many benefits and impacts of the College of Medicine to government, education, health care, industry, and economic development leaders throughout the region and state.