PRESIDENT’S COUNCIL MINUTES
July 20, 2005

Present: Tom Anderson, Kathy Chessman, Bo Faulkner, Jack Feussner, Joe Good, Ray Greenberg, Sarah King, Lisa Montgomery, Jerry Reves, Sabra Slaughter, and Stuart Smith.

Guests: Ralph Greene, Anne Hantske, Susan Haskill, Tom Higerd, Mike Keels, Rick Schnellmann, Paul Taylor, and Michael Zile.

ITEM 1 Center for Medication Safety Proposal

Dr. Schnellmann summarized key issues, goals, approaches, participants, and organizational chart of the proposed Center for Medication Safety.

ACTION: Council unanimously endorsed the proposed Center for Medication Safety and commended Dr. Schnellmann for his leadership and work.

ITEM 2 Cardiovascular Translational Research Center Proposal

Dr. Zile briefly described the purpose, rationale, components, multidisciplinary approaches and time line for the proposed Cardiovascular Translational Research Center.

ACTION: Council unanimously endorsed the proposed Cardiovascular Translational Research Center and is looking forward to periodic progress updates.

ITEM 3 Dual Degree Program (MSN/MBA) with the Citadel & USC Proposal

Dr. Raymond briefed Council on two proposed dual degree program, a traditional classroom MBA program with The Citadel, and an on-line MSN program with the University of South Carolina. He also commented about the success of the current joint degree program between MUSC and The Citadel and the precedence established by this offering.

ACTION: Council unanimously endorsed the proposed dual degree (MBA) with the Citadel and (MSN)with USC.

ITEM 4 Strategic Plan Update

Dr. Higerd provided an abbreviated listing of the MUSC accomplishments for 2004-2005, and summarized list of goals for 2005-2006 that were extracted from the strategic planning procedure included in the FY 06 budget development process.

ACTION: Council received this as information and commended Dr. Higerd and colleagues for excellent work.

ITEM 5 Financial Updates

As of the period ending June 30, 2005, MUSC’s bottle line was $69 Million, MUHA $24.7 Million, UMA $15 Million, and CFC $ 2 Million.

ACTION: Dr. Greenberg thanked all for the presentations and complemented the many efforts of employees institution wide for enabling the University to achieve such positive financial results.

ITEM 6 Board of Trustees Preparation

Agendas for the August 12, 2005 MUSC and MUHA Board meetings were discussed.

ACTION: Council confirmed agendas pending additions of items and completion of follow-up assignments.