Board of Visitors minutes January 19, 2001 | ||
APPROVAL OF COMMUNITY MEDICINE, LLC
WHEREAS, the University wishes to enhance primary care delivery to its patients; and
WHEREAS, the University has developed a model for delivery of primary care by physicians whose main focus is outpatient primary care, which involves creating a whollyowned non-profit, taxable subsidiary limited liability company; and
WHEREAS, the University will initially use this model for four primary care physicians in the Northridge practice;
RESOLVED that the University is authorized to form Community Medicine University of Virginia, LLC, a non-profit, taxable subsidiary limited liability company, to operate the practice of primary care physicians; and
RESOLVED FURTHER that the University is authorized to provide supplemental funds to Community Medicine University of Virginia, LLC, in accordance with its business plan; and
RESOLVED FURTHER that the Executive Vice President and Chief Operating Officer is authorized to execute the contracts, forms and other documents necessary to form Community Medicine University of Virginia, LLC, and to operate the company.
Board of Visitors minutes January 19, 2001 | ||