PRESIDENT’S COUNCIL MINUTES
April 30, 2008

Present: Tom Anderson, Wallace Bonaparte, Jack Feussner Joe Good, Ray Greenberg, Chip Hood, Sara King, Walter Limehouse, Lisa Montgomery, John Raymond, Stuart Smith, and Sabra Slaughter.

Guests: Mike Keels, Steve Lanier, Maurice Snook, Patrick Wamsley, Steve Hargett, Suzie Edwards, Jeff Wong, and Susan Barnhart.

ITEM 1 Financial Updates

As of the 9 month period ending 03/31/08, MUSC’s net income was $ 29.7 Million; MUHA $ 7.5 Million; UMA $ 2.3Million; and CFC $ 400,000.

ACTION: Council received this as information.

ITEM 2 Approval for Proposed Center Designation for the Center for Functional Outcomes and Reconstructive Biotechnology

Dr. Raymond proposed Center designation for this multidisciplinary operation with a mission of improving quality of life and function of patients afflicted with head and neck cancer, trauma, or craniofacial defects through discovery, application, clinical efficacy, and outcomes research. Such designation is essential for future faculty recruitment and fundraising.

ACTION: Council placed it on the May 15 Board of Trustees agenda with recommendation for approval.

ITEM 3 Approval for Proposed Changes to MUSC Intellectual Property Policy

Drs. Raymond and Lanier presented proposed changes to subsections of the Distribution of Net Proceeds Section (7.4) setting the FRD Cap, Royalty Distribution, and Distribution of Lab Shares upon departure of faculty member. These changes are currently being processed through the Faculty Senate voting process that closes on May 9.

ACTION: Conditional upon Faculty approval on May 9, Council will place this item on the May 15 Board of Trustees agenda with recommendation for approval.

ITEM 4 PhD in Health and Rehabilitation Sciences Program Planning Summary (As Information)

Dr. Raymond summarized initial planning concepts of this proposed new degree which would develop research scientists and scholars who, through leadership and research, will contribute to the knowledge base of health and rehabilitation sciences and who can serve as future faculty in professions where there are documented faculty shortages. In part, it would help advance some current CHP faculty to PhD level and enhance college competitiveness.

ACTION: Council received as information with a promise to submit any comments to Dr. Raymond.

ITEM 5 General Updates

Dr. Slaughter summarized the April 23-25 Charleston-Caribbean Leadership Summit which promoted relations between investors, educators in the U.S. and Caribbean Basin. He co-chaired a panel presentation that addressed collaborative opportunities in medical and public health education being considered by MUSC and University of the West Indies. In addition, he reported on April 28th visit by the University of the Virgin Islands President, Dr. LaVerne Ragster at MUSC which culminated in an agreement of cooperation to promote teaching, research and public service between the two institutions. The first joint undertaking between the universities will occur with a health disparities conference scheduled for December 4-7, 2008 in the Virgin Islands.

Dr. Raymond reported that the current 11 applications to COEE included 5 from MUSC; and the DDB groundbreaking will be held in August.

Mr. Bonaparte is updating Human Affairs action plan including a challenge to the data management.

Mr. Good summarized several current legal issues.

Mr. Hood noted progress with several FRD initiatives, and is working on conflict of interest and contractual relationship policies.

Dr. Limehouse reviewed several Faculty Senate policy update recommendations in the pipeline including conflict of interest and tenure review.

Ms. King was pleased with several recent CATALYST recognitions and that MUSC continues to substantially outperform other universities in terms of public outreach.

Dr. Feussner reported on initiation of the UMA investment process for the Reves’ diversity fund; overviewed overall investments and growth; and that the Department of Medicine had added 31 new faculty members while losing eight.

Ms. Montgomery reviewed several parking considerations including possible valet parking for busy physicians; impact of additional new hires for ART, bus transportation and access at remote sites, challenges emanating from the current and pending “G” lot construction projects, positive impact when new Bee Street Garage opens, and urgent need to include parking in the strategic planning process.

Mr. Anderson highlighted recent MUSC Foundation news including the $300 Million Capital Campaign kickoff; 55 Bee street purchase; items of business for upcoming Foundation Board meeting; and negotiations for purchase of a medical facility.

Mr. Barnhart is working on the FY 09 audit plan.

Dr. Greenberg reported on the April 28th meeting with Dr. James Peake, Secretary of Veterans Affairs, and Congressmen Brown and Buyer regarding MUSC/VA collaboration; state budget progress including MUSC portion; tour of new facilities for Senator Leatherman; an upcoming Women’s Heart Health Program; and the Capital Campaign kick off with $200 Million already reached.