OSU Medical Authority Agenda

OSU Medical Authority and Trust

Thursday, March 27, 2025 at 12:30 PM CDT to Thursday, March 27, 2025 at 1:00 PM CDT. OSU-CHS, North Hall 4th Floor Boardroom, 1111 W. 17th St, Tulsa

 

 

Meeting Details: https://okstate-edu.zoom.us/j/92725657569, 16694449171

Meeting ID: 927 2565 7569

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Agenda

1. Call to Order and establishment of a quorum - Chairman Helm
   • 12:30 PM
2. Discussion, consideration, and possible vote on the approval of minutes of the January 23, 2025, meeting - ACTION - Chairman Helm
   • 12:31 PM
3. CEO's Report - Eric Polak
   • 12:33 PM
     1. Financial Report
     2. Legislative Update
4. Discussion, consideration and possible vote to increase the contract with Crossland Construction for construction of the Oklahoma Psychiatric Care Center to $76,595,543 - ACTION - Eric Polak
   • 12:38 PM
   • The current agreement with Crossland is for $73,745,543. The administration has received additional philanthropic donations totaling $3,370,000 to cover for the requested $2,850,000 increase in the agreement. This increase will allow the selection of add alternates and fund an appropriate construction contingency.
5. Discussion, consideration, and possible vote to authorize administration to reimburse the OSU Medical Trust $70,440 from Psychiatry Residency Program Startup Fund for one PGY-1 psychiatry resident for FY 2025 - ACTION - Eric Polak
   • 12:41 PM
   • Payments equate to $5,870 per month which represents the cost of salary, benefits and medical malpractice insurance for a PGY-1 resident.
6. Discussion, consideration, and possible vote on the approval to enter into a three-year agreement with OnBoard. - ACTION - Eric Polak
   • 12:43 PM
   • With a 3-year commitment, we can secure a lower increase of 5% annually, which will result in a savings of $526.20 as compared to renewing annually at a 6% increase.
7. Annoucements - Chairman Helm
   • 12:44 PM
     1. Next regularly scheduled meeting of the Authority is April 24, 2025, at the OSU-CHS 1111 W. 17th St., Tulsa, OK
8. Disussion, consideration, and possible vote to enter Executive Session pursuant to 25 O.S. §  307(B) for the following discussion purposes:
   • 12:45 PM
     1. Confidential communications between the Board and its attorney(s) concerning pending or potential investigation(s) and/or claims regarding the allocation and management of legislatively appropriated funds where the Board's attorney has determined disclosure will seriously impair the ability of the Board to conduct the investigation(s) and/or claims in the public interest as authorized under 25 O.S § 307(B)(4), including the following:
        1. Review, discuss, and/or consider the Oklahoma Agricultural and Mechanical Colleges Office of Internal Audit State Funds Audit Report dated March 2025 as it relates to pending and/or anticipated litigation matters, and potential and/or pending legal risks.
9. Motion and Vote for Adjournment - Chairman Helm 
   • 1:00 PM