OSU Medical Trust Agenda

OSU Medical Trust

Thursday, October 22, 2026 at 1:15 PM CDT to Thursday, October 22, 2026 at 3:45 PM CDT
OSU Medical Center, 2nd Floor Executive Boardroom, 744 W. 9th St., Tulsa

1. Call to order and establishment of a quorum
   • Presenter: Dr. Michael Herndon
2. Discussion, consideration, and possible vote to approve the minutes from the August 27, 2026 meeting, and any amendments made thereto by Trustees – ACTION
   • Presenter: Dr. Michael Herndon
3. V. Summary of the October 20th, 2026, Quality Committee of the Trust Meeting
   • Presenter: Dr. Michael Herndon
     1. Information Only
        1. Quality Committee of the Trust Meeting Minutes
        2. PI Dashboards presented 2026.10.20
4. Recommendations of the Medical Executive Committee from its meeting on October 21st, 2026
   
   • Presenter: Kathy Cook, DO, Chief of Staff
     1. Discussion, consideration, and possible vote to approve the Organized Medical Staff Initial Appointments - ACTION
     2. Discussion, consideration, and possible vote to approve the Organized Medical Staff Reappointments - ACTION
     3. Discussion, consideration, and possible vote to approve the Organized Medical Staff Requests for Category Change - ACTION
     4. Discussion, consideration, and possible vote to approve the Organized Medical Staff Requests for Temporary Privileges - ACTION
     5. Discussion, consideration, and possible vote to approve the Organized Medical Staff Requests for Resignation - ACTION
5. CONTRACTUAL AGREEMENTS and EMPLOYMENT ACTIONS
   • Presenter: Dr. Michael Herndon
     1. Discussion, Consideration, and Possible Vote to approve the FY2026 Director and Manager Discretionary Bonus
        • Presenter: Eric Atkinson
     2. Complement Increase for Cardiology Fellowship - ACTION
        • Presenter: Finny Mathew
     3. Complement Increase for Anesthesiology - ACTION
        • Presenter: Finny Mathew
     4. Complement Increase for OBGYN Residency - ACTION
        • Presenter: Finny Mathew
     5. Discussion, consideration and possible vote to amend the lease agreement between OSUMA and OSUMT to include the newly constructed Oklahoma Psychiatric Care Center and authorize the Chairman to execute the agreement subject to final legal approval - ACTION
        Presenter: Eric Polak
     6. Discussion, consideration and possible vote to authorize the CEO to execute a sublease agreement with ODMHSAS for the Oklahoma Psychiatric Care Center subject to final legal approval of the agreement - ACTION
        • Presenter: Eric Polak
     7. Discussion, consideration and possible vote to authorize the CEO execute an operating agreement with ODMHSAS for the Oklahoma Psychiatric Care Center subject to final legal approval of the agreement - ACTION
        • Presenter: Eric Polak
6. FINANCE COMMITTEE
   • Presenter: Brett Lessley, Finance Committee Chairman
     1. Review of Month to Date and Year to Date September 2026 Financials 1:15 PM
        1. Presenter: Eric Atkinson
     2. Discussion and Consideration to approve realloaction of capital expenditures for the West Ramp Replacement - ACTION
        • Presenter: Catherine Gann
7. Discussion, consideration and possible vote to approve the meeting schedule for calendaryear 2027 - ACTION
   • Presenter: Dr. Michael Herndon
8. Oklahoma State University Medical Center President’s Update
   • Presenter: Finny Mathew
     1. Construction Update
        • Presenter: Catherine Gann
9. Unfinished Business
   • Presenter: Dr. Michael Herndon
10. NEW BUSINESS (Limited to Matters Not Known About and Which Could Not Have Been Reasonably Foreseen Prior to Posting of the Agenda)
    • Presenter: Dr. Michael Herndon
11. ANNOUNCEMENTS (if any)
    • Presenter: Dr. Michael Herndon
      1. Next regularly scheduled Trust meeting: Thursday, December 17, 2026, at OSUMC 744 West 9th St. Tulsa
12. EXECUTIVE SESSION
    • Presenter: Dr. Michael Herndon
      1. Discussion and possible vote to enter Executive Session for the following purposes: - ACTION
         • Presenter: Dr. Michael Herndon
      2. Pursuant to 25 O.S. 307(B)(4) –
         • Presenter: Eric Polak
         • Confidential communications between the Board and its attorney(s) concerning a pending investigation, claim, or action where the Board’s attorney has determined that disclosure will seriously impair the ability of the Board to process the claim or conduct a pending investigation, litigation, or proceeding in the public interest as authorized under 25 O.S. § 307(B)(4), including the following: Review, discuss, and/or consider withdrawal of OSU Medicine Ventures, LLC from Virtuall Telehealth Partners LLC joint venture with Regional Brain Institute as it relates to potential and/or pending legal risks.
      3. Pursuant to 25 O.S. 307(C)(11) –
         • Presenters: Finny Mathew, Catherine Gann
         • For purposes of conferring on matters pertaining to economic development where public disclosure of the matter discussed would interfere with the development of products or services or where public disclosure would violate the confidentiality of the business, including the following: Review and discussion of the acquisition of Integris Health by Risant Health, a nonprofit organization created by Kaiser Permanente, and the impact on the market as it effects OSUMC.
      4. Pursuant to 307(C)(11) –
         • Presenters: Eric Polak, Finny Mathew
         • For purposes of conferring on matters pertaining to economic development where public disclosure of the matter discussed would interfere with the development of products or services or where public disclosure would violate the confidentiality of the business, including the following: Review and discussion of the separation of a large number of physicians from Oklahoma Heart Institute, and the impact on the market as it effects OSUMC.
      5. Discussion, consideration, and possible vote to adjourn the Executive Session and reconvene to the Trust Meeting - ACTION
         • Presenter: Dr. Michael Herndon
13. Discussion, consideration and possible vote to authorize the CEO to provide notification of intent for OSU Medicine Ventures LLC to withdraw from the Virtuall joint venture - ACTION
    • Presenter: Eric Polak
14. ADJOURNMENT
    • Presenter: Dr. Michael Herndon