 | Board of Visitors minutes November 7, 1997 |  |
NEW BUSINESS VENTURE - I.Q. HEALTH
The following resolution was adopted:
- WHEREAS, the Institute for Quality Health ("IQ Health"), a division of the University of Virginia Health Services Foundation ("HSF"), a University-related foundation, proposes to enter into a new business venture with the Cerner Corporation to license its Health Risk Assessment to Cerner and to enter into an agreement whereby it continues to provide services to Cerner related to development and enhancement to the Health Risk Assessment; and
- WHEREAS, under the Policy on University-related Foundations, HSF is required to submit all new business ventures for approval of the Board of Visitors; and
- WHEREAS, the Vice President and Provost for Health Sciences recommends that, in the best interests of the University of Virginia Health Sciences Center, approval be granted for this venture;
- RESOLVED that the described business arrangement between HSF and the Cerner Corporation is approved; and
- RESOLVED FURTHER that the Executive Vice President and Chief Financial Officer is authorized, with advice of the General Counsel, to execute such agreement or agreements as may be in the best interests of the University of Virginia, with the HSF, regarding the limitations on the use of the University of Virginia name in conjunction with the Cerner venture.
| Board of Visitors minutes November 7, 1997 | |