OSU Medical Authority Minutes

OSU Medical Authority and Trust

January 14, 2019 at 2:00 PM CDT
@ OSU Medical Center, 744 W. 9th Street Street, Tulsa , Administrative Boardroom

Notice of the meeting was given in writing to the Oklahoma Secretary of State more than forty-­eight (48) hours prior to the meeting, and the agenda of this meeting was posted at all entrances of Oklahoma State University Center for Health Sciences, 1111 West 17th Street, twenty-four (24) hours prior to such meeting, excluding Saturdays, Sundays, and legal holidays, in compliance with the Oklahoma Open Meeting Act.

Attendance

Members Present: Doug Evans, Jay Helm, Becky Pasternik-Ikard, Barry Steichen
Members Absent: Edward Keller, Kayse Shrum
Staff Present: Eric Polak, Johnny Stephens, Ashley Adkins, Don Lowther, Amy Green
Guests Present: Matt Adams, Noe Gutierrez, Bettye Paynter, Kevin Gore, Ty Griffith, Don Lowther, Johnny Stephens, Jeff Stroup

1. Call to order and establishment of a quorum - Temporary Acting Chairman Jay Helm.
   • Edward Keller was unable to attend the meeting. Jay Helm acted as temporary Chairman.
   • Acting Chairman Helm called the meeting to order at 2:06PM. A quorum of the OSU Medical Authority was present at the meeting.
2. Discussion and possible vote on the approval of minutes of the October 18, 2018 meeting - Temporary Acting Chairman Jay Helm
   • Barry Steichen moved for approval of minutes of the October 18, 2018 meeting. The motion was seconded by Becky Pasternik-Ikard and carried. The recorded vote was:
     • AYE: Helm, Keller, Pasternik-Ikard, Steichen
     • NAY: None
     • ABSTAIN: Doug Evans
3. CEO's Report - Mr. Polak
   1. Recognition on appointment of Doug Evans by the Senate President
      Pro Tempore to a term expiring May 31, 2021
      1. Doug Evans was appointed to serve as a member of the Oklahoma State University Medical Authority and Trust by the Senate President Pro Tempore to a term expiring May 31, 2021.
   2. Financial Report
      1. Eric Polak discussed the angency's financial performance for the fiscal year through 12/31. The Authority has received 50.83% of annual budgeted revenue and expended 51.54% of annual budgeted expenditures leaving a current cash balance of slightly less than $6.4 million.
   3. Legislative Update
      1. The OSUMA budget and performance review will be January 22, 2019 in Tulsa. This is a joint meeting of the House and Senate Appropriations subcommittee over Health and Human Services. The agenda includes a tour of OSU Medical Center.
      2. The report on the Board of Equalization initial new revenue certification is upwards of $600 million dollars of new money that would be available to the state. In February they will recertify with more current numbers to build the budget.
4. Discussion and possible vote to authorize the CEO to reimburse the OSU Medical Trust the estimated amount of $117,000 for capital improvements to the Physician's Office Building- Mr. Polak
   1. This is related to the build out of the cardiology service line. The OSU medical school is supporting $250,000 of the expense.
   2. There is $414,556 dollars budgeted for board directed priorities and that would be the source of funds for this $117,000 reimbursement.
   3. Barry Steichen moved for approval to authorize the CEO to reimburse the OSU Medical Trust the estimated amount of $117,000 for capital improvements to the Physician's Office Building. The motion was seconded by Becky Pasternik-Ikard and carried. The recorded vote was:
      • AYE: Evans, Helm, Keller, Pasternik-Ikard, Steichen
      • NAY: None
      • ABSTAIN: None
5. Discussion and possible vote to elect Ed Keller as Chairman of the Authority for the balance fiscal year 2019 - Temporary Acting Chairman Jay Helm
   1. Barry Steichen made a motion to elect Ed Keller as Chairman of the Authority for the balances fiscal year 2019. The motion was seconded by Jay Helm and carried. The recored vote was:
      
      
   • AYE: Evans, Helm, Keller, Pasternik-Ikard, Steichen
     
   • NAY: None
     
   • ABSTAIN: None
     
6. Announcements - Temporary Acting Chairman Jay Helm
   1. Next regularly scheduled meeting of the Authority is February 21, 2019 at the OSU Center for Health Sciences Boardroom, 1111 W. 17th Street, Tulsa, OK, 4th Floor Barson Building.
      
7. Motion and Vote for Adjournment - Temporary Acting Chairman Jay Helm
   • Doug Evans made a motion to adjourn. The motion was seconded by Becky Pasternik-Ikard and carried. The recorded vote was:
     • AYE: Evans, Helm, Keller, Pasternik-Ikard, Steichen
     • NAY: None
     • ABSTAIN: None

Minutes signed off by Oklahoma State University Medical Authority Secretary, Jay Helm.

If you would like a copy of these minutes, please reach out to Terri Tinkler at osuma@okstate.edu.