MINUTES OF A MEETING OF THE EXECUTIVE COMMITTEE
OF THE BOARD OF VISITORS OF VIRGINIA COMMONWEALTH UNIVERSITY
June 19, 1986
A meeting of the Executive Committee of the Board of Visitors of
Virginia Commonwealth University was held on Thursday, June 19, 1986,
at 9 a.m. in the University Meeting Center.
Present were Messrs. Farinholt (Chairman), Berry, Lipman, Morris,
Reynolds and Smith; and Mrs. Whittemore. Mr. Grey was absent. Also
present were Drs. Ackell, Ayres, Connell, Ruch and Wilson; Messrs.
Brown, Bruegman, Ross and Ware; and Mrs. Price.
Mr. Farinholt called the meeting to order. Dr. Ackell introduced
Dr. Ayres to discuss the proposed Medical Faculty Scales for 1986-87.
Dr. Ayres noted that the reimbursement of physicians at medical center
s is a complex issue. The base salary of medical faculty at VCU is less
than the national norms. Physicians are allowed to earn their base
plus an amount up to their ceilings. Because of the market demands,
surgeons have higher ceilings than others. Once a physician reaches
his/her ceiling, he/she earns a declining percentage of his/her income
.
The remaining percentage is returned to their home departments as dis-
cretionary monies. (The first $10,000 over the ceiling the physician
retains 60%, the second $10,000 40%, the third $10,000 30%, the fourth
$10,000 20%.) Additionally, the physicians have the costs of conduct-
ing their practice deducted from their earnings. Since a significant
percentage of patient care is nonreimbursable because of the financial
status of their patients, Dr. Ayres stated that in order for physician
s
to "earn" their ceilings, they must generate twice that amount in
2
billings. Many physicians do not reach their ceilings. Following a
discussion, on motion made and seconded, the Medical Faculty Scales for
1986-87 were approved as submitted.
Dr. Ruch presented the 1986-88 Institutional Priorities. He stat-
ed that this was the third biennium that this document had been pre-
pared. The administration conducts a continuous review of the strate-
gies throughout the biennium. This particular document has four unique
features:
The strategies for 1986-88 focus on quality and a sharpening
of what VCU is presently doing.
A number of the strategies will involve crossover teaching,
research and service.
The hospital's role as a resource for educational programs is
highlighted.
Based on the recommendation of the Accreditation Visitation
Team, the input of faculty into this document was much great-
er than previous documents.
Once this document is approved by the Board, the Board will receive a
status report. This comes to the Board in a document entitled, "Man-
agement Practices." On motion made and seconded, the Institutional
Priorities document was approved.
On motion made and seconded, the Committee convened into executive
session to discuss certain personnel matters involving the performance
of identifiable employees or faculty of VCU, and to discuss the evalua-
tion of performance of departments or schools of VCU where such matters
regarding such individuals might be affected by such evaluation, and to
discuss the investing of public funds as authorized by Section 2.1-344
a(1) and a(5) of the Virginia Freedom of Information Act.
Following executive session, on motion made and seconded, Mr.
Farinholt reported that no actions had been taken.
The meeting was adjourned at 10:50 a.m.
Approved:
amen B arinholt, Jr., Rector
