University of Alabama Health Services Foundation, P阿拉巴马大学卫生服务基金会.C..pptVIP

University of Alabama Health Services Foundation, P.C. A brief glimpse inside a Faculty Practice Plan... Not a Typical MD Practice Tax Exempt 501-C-3 Organization A bona fide corporation “Shareholder value and earnings” not in annual distributions but for program development / expansion compensation / expenses for operation retention for business downturns MDs are “fully employed / only here” A Brief View of our History Founded in 1973 As a physician-led company Superior Patient Care Group Practice in an Academic Environment Establish Funds for Program Development The era was ripe for such activities Medical Practice Plans birthed out of “university anxieties” The “Stages of our Growth” 1970s - a benefit plan and tool to bill and collect professional revenue 1980s - organizational development University Affiliation Ambulatory Clinics Complete Health Joint Venture HMO 1990s - corporate style behavior The Kirklin Clinic - $110 million investment UAB Prime Care Sale of Complete Health UAB Health System Board of Directors Purpose Develop major policy and strategy Provide a balanced perspective to our goals Recruit key executives and hold them accountable for success Membership 10 public members (“outside directors”) 9 physician leaders (“internal directors”) Executive leadership Public Board Members Eddie Adair Cordova Ventures Dr. Neal Berte Birmingham Southern College Donald James Vulcan Materials Company Charles McCrary Alabama Power Company Charles Perry, Jr. Highland Associates Thomas Lowder Colonial Properties Trust Van Richey American Cast Iron Pipe Company Lee Styslinger, III Altec, Inc. Mimi Head Ram Tool and Supply Company Tim Brown TALA Professional Services Executive Leadership A uniquely balanced and important partnership of MD / business leadership Corporate service functions General Counsel, Finance, Human Resources, Treasury, Corporate Compliance, et al UNIVERSITY OF ALABAMA HEALTH SERVICES F