Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 350]

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340

BOARD OF TRUSTEES

[July 9

beneficiaries. U I H would become a primary care provider site for the H M O as well. I n addition, University physicians would treat Med Care beneficiaries on both a specialty and primary care basis. T o participate as an equity member of Med Care H M O , an investment of up to $400,000 will be required. It is anticipated that the hospital will receive $300,000 in funds now on reserve for the University of Illinois Health Maintenance Organization Plan Trust ( U I H M O P T ) when the trust is dissolved and brought into the University. (The Board of Trustees created the U I H M O P T on March 21, 1985.) It is assumed that the $300,000 reserve no longer will be needed and may be spent as the Med Care H M O membership fee. T h e hospital and the Medical Service Plans will provide the additional $100,000. Hospital officials estimate that this arrangement will yield approximately $4.5 million in additional hospital revenue in Fiscal Year 1988 as a result of a projected increase of 2,000 tertiary care and 4,500 primary care inpatient days. T h e chancellor at Chicago has recommended that the comptroller, subject to the approval of the university counsel as to legal form and content, should be authorized t o : 1. Purchase for the University, on behalf of its hospital and clinics, an equity ownership interest in the Med Care H M O and membership on its Board of Directors, at a cost of not more than $400,000, such amount payable in installments, the source of which shall be either the hospital or the Medical Service Plans; 2. Enter into such contract (s) with the Med Care H M O as may be necessary to effectuate the provision of tertiary and primary care hospital and physician services to members of the Med Care H M O . I recommend approval.

On motion of Mr. Forsyth, these recommendations were approved by the following vote: Aye, Mrs. Calder, Mr. Forsyth, Mrs. Gravenhorst, Mr. Hahn, Mr. Howard, Mr. Logan, Mrs. Shepherd, Miss Smith, Mr. Wolff; no, none; absent, Governor Thompson. The student advisory vote was: Aye, Mr. Evenson, Mr. Wylie; no, none.)

Employment of Architect/Engineer, Agricultural Bioprocess Laboratory, Urbana

(36) This project involves the remodeling 1 of approximately 10,600 square feet in the Agricultural Bioprocess Laboratory (formerly the Dairy Manufactures Building). T h e area was originally constructed for use as a dairy manufacturing laboratory. T h e remodeling project will support research in soybean processing and in the use of soy products, emphasizing the development of processes that encourage increased usage. T h e estimated cost is $1,390,000, to be financed by the allocation of $890,000 in Fiscal Year 1987 "Build Illinois" appropriations, and $500,000 in General Revenue funds appropriated in FY 1987 to the University of Illinois for remodeling under a program of "Value-Added" agricultural research. Planning was initiated in April 1987, with the employment of Robert P. Simon & Associates for professional services through schematic design of the project. T h e feasibility now has been confirmed, and the project can be completed

1 The work required includes the enclosure of the central floor opening, development of wet chemistry laboratories, upgrading and replacement of floors, replacement of walls and ceilings, and modification of mechanical systems. In addition, the structure will be modified to provide improved handicapped accessibility, as well as improvements in die general structure.