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APPROVAL TO ENTER INTO A PARTNERSHIP WITH OUTPATIENT IMAGING AFFILIATES FOR THE PROVISION OF IMAGING SERVICES

WHEREAS, the Medical Center of the University of Virginia desires to expand its radiology imaging business to continue and further its mission of clinical care, teaching, and research; and

WHEREAS, the Medical Center, in furtherance of these aims wishes to enter into a joint venture with Outpatient Imaging Affiliates, LLC, a national leader in providing and managing imaging services; and

WHEREAS, Section 23-77.3 of the Code of Virginia grants authority to the Medical Center to enter into joint ventures;

RESOLVED that the University, on behalf of the Medical Center, enter into a joint venture with Outpatient Imaging Affiliates, LLC, to provide outpatient imaging services to the Medical Center's region, with the University contributing its existing diagnostic imaging service and equipment located in the Fontaine Building; and

RESOLVED FURTHER that on the recommendation of the Vice President and Chief Executive Officer of the Medical Center, and with the concurrence of the Chair of the Medical Center Operating Board, the Executive Vice President and Chief Operating Officer of the University is authorized to negotiate and execute, in consultation with the General Counsel, contracts and other legal documents pertaining to the creation and formation of the joint venture.