Caption: Board of Trustees Minutes - 1984
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1983] Date 9/13 9/14 9/14 9/14 9/14 9/15 9/15 9/15 9/16 9/16 UNIVERSITY OF ILLINOIS 407 9/16 9/19 9/20 9/20 9/20 9/20 9/21 9/21 9/22 9/23 9/23 9/23 9/26 9/26 9/29 9/29 9/30 Number Description Cost/Yield Amount $3 500 000 U.S. Treasury bills due 2/23/84 9.59% $3 354 364 03 2 200 000 Bank of the West discount certificate of deposit due 11/1/83 9.40 2 172 767 81 948 000 Caterpillar Tractor demand notes. . . 9.04 948 000 00 1 052 000 Household Finance demand n o t e s . . . 9.12 1 052 000 00 200 000 U.S. Treasury bills due 2/23/84 9.54 1 9 1 7 6 5 00 2 000 000 Bank of the Southwest 9.45 percent certificate of deposit due 1 1 / 2 / 8 3 . . . 9.45 2 000 000 00 15 000 Caterpillar Tractor demand notes. . . 9.04 15 000 00 600 000 U.S. Treasury bills due 3/1/84 9.63 574 184 00 1 900 000 Continental Bank 9.75 percent time deposit due 11/30/83 9.75 1 900 000 00 1 500 000 First National Bank of Chicago 9.35 percent certificate of deposit due 11/16/83 9.35 1 500 000 00 1 200 000 First National Bank of Chicago 9.35 percent certificate of deposit due 11/21/83 9.35 1 200 000 00 3 0C0 000 U.S. Treasury bills due 1 2 / 1 5 / 8 3 . . . 9.20 2 934 750 00 230 000 U.S. Treasury bills due 1 2 / 1 5 / 8 3 . . . 9.04 225 137 42 1 500 000 U.S. Treasury bills due 1 2 / 2 9 / 8 3 . . . 9.12 1 462 916 67 150 000 U.S. Treasury bills due 3 / 1 / 8 4 9.33 143 9 2 1 4 6 55 000 U.S. Treasury bills due 9 / 6 / 8 4 9.94 50 127 73 23 000 Associates demand notes 9.25 23 000 00 262 000 Boeing demand notes 9.25 262 000 00 80 000 U.S. Treasury bills due 3/1/84 9.40 76 772 84 1 000 000 First National Bank of Chicago 9.15 percent certificate of deposit due 12/21/83 9.15 1 000 000 00 1 800 000 U.S. Treasury bills due 12/1/83 8.88 1 769 881 50 2 000 000 U.S. Treasury bills due 1 2 / 2 2 / 8 3 . . . 9.04 1 955 800 00 210 030 Boeing demand notes 9.56 210 000 00 545 000 U.S. Treasury 7.63 percent bonds due 2/15/07 10.54 378 264 06 2 000 Associates demand notes 8.75 2 000 00 335 000 U.S. Treasury bills due 3/22/84 9.22 320 539 17 2 600 000 U.S. Treasury bills due 1 2 / 2 2 / 8 3 . . . 8.70 2 548 267 96 On motion of Mr. Howard, this report was approved as presented. University Hospital Membership in Chicago Metro-Care (22) The chancellor at the Chicago campus has recommended that the Board of Trustees authorize sponsoring membership for the University of Illinois Hospital in Chicago Metro-Care, a not-for-profit corporation. The organization will provide a patient referral system among its 26 member hospitals and promote cost containment. Chicago Metro-Care, a consortium similar to the University's perinatal network, will have three tertiary care hospitals: the University of Chicago Hospital and Children's Memorial Hospital, both of which have already joined the organization, and the University of Illinois Hospital. The system will facilitate referral of complex cases originally seen at other hospitals in the network and will provide students and faculty with clinical experiences appropriate for a teaching hospital. Corporations such as Chicago Metro-Care are now being organized throughout the country as a result of state and federal agencies' encouragement of competitive pricing. Chicago Metro-Care may be a prototype; it is presently under consideration for funding by the Robert Wood Johnson Foundation and the Illinois Department of Public Aid.
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