University Medical Center of Southern Nevada
Board of Hospital Trustees
AGENDA ITEM
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Petitioner: |
Mason Van Houweling, Chief Executive Officer |
Recommendation:
title
Approve and authorize the Chief Executive Officer to sign the Eighth Amendment to Preliminary Affiliation Agreement with the Board of Regents of the Nevada System of Higher Education on behalf of the Kirk Kerkorian School of Medicine at the University of Nevada, Las Vegas; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
5420.000 |
Fund Name: |
UMC Operating Fund |
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Fund Center: |
3000824000 |
Funded PGM/Grant: |
N/A |
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Amount: |
Amendment 8 - Academic Year 2023 - 2024 Academic Mission Support NTE $ 3,745,385.16 Resident Salaries NTE $16,104,243.00 ---------------------- NTE Total NTE $19,849,628.16 |
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Description: |
Residency and Academic Mission Support for Academic Year 2023 - 2024 |
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Additional Comments: |
Amendment 8 - Academic Year 2023 - 2024; Terminates early upon execution of an Academic Health Center Master Affiliation Agreement |
BACKGROUND:
On May 25, 2016, the Governing Board approved the Preliminary Affiliation Agreement (“Agreement”) with the Board of Regents of the Nevada System of Higher Education on behalf of the Kirk Kerkorian School of Medicine at the University of Nevada, Las Vegas (“UNLV School of Medicine”) under which both parties agreed to work together to set the framework for the creation of a premier academic health center that integrates the expertise of UNLV School of Medicine with the resources of UMC to enhance teaching, promote health care innovation, and improve access to health care for Southern Nevadans.
This Eighth Amendment requests to amend Section 6 on requirements for resident salary reimbursement to set the Resident Salaries and Academic Mission Support for Academic Year 2023 - 2024.
The parties are authorized to enter into this Agreement pursuant to Article 11, Section 4 of the Constitution of the State of Nevada; Chapters 396, 450 and 277 of the Nevada Revised Statutes; and certain other inherent, express, and necessarily implied powers and authority.
UMC’s Academic & External Affairs Administrator has reviewed and recommends approval of this Amendment. This Amendment has been approved as to form by UMC’s Office of General Counsel.
The Department of Business License has determined that UNLV School of Medicine is not required to obtain a Clark County business license nor a vendor registration since School is part of the Nevada System of Higher Education, which is an entity of the State of Nevada.
This Amendment was reviewed by the Governing Board at their June 28, 2023 meeting and recommended for approval by the Board of Hospital Trustees.