Tag Archives: arizona board of regents

health

Banner Health acquiring all UA medical facilities

In a historic move that will transform the health care landscape in Arizona, the University of Arizona Health Network (UAHN) and the University of Arizona (UA) executed a Principles of Agreement document with Banner Health, to create a statewide health care organization and a comprehensive new model for academic medicine. This ground-breaking agreement will formalize discussions and is intended to lead to final definitive agreements sometime in the fall.

The proposed transaction is anticipated to generate approximately $1 billion in new capital, academic investments, and other consideration and value beneficial to UA and the community.

The anticipated transition of 6,300 employees working at UAHN’s two hospitals, the health plan and the medical group into Banner will create Arizona’s largest private employer with more than 37,000 employees.

The action follows votes from the UAHN and Banner boards of directors in support of proceeding with negotiations, as well as a vote by the Arizona Board of Regents (ABOR) to authorize UA to also move forward with UAHN and Banner. The parties will now work together towards final definitive agreements, anticipated to be completed and signed in September of this year. The definitive agreements must also be approved by ABOR and the boards of directors of UAHN and Banner. The proposed transaction is expected to close a few months following the signing of the definitive agreements.

“We are impressed by the thoughtfulness and thoroughness that has driven the UAHN board process in determining how best to meet the future needs of those they serve. In addition, this agreement strengthens and can accelerate the discovery efforts of our Colleges of Medicine in Tucson and Phoenix, leading to medical advances,” said ABOR Chair Rick Myers.

Proposed transition key elements:

• Create an Arizona-based, statewide health system that improves care for all the state’s citizens • Create a nationally leading health system that provides better care and improved patient and member experiences at lower costs through valued-based or accountable care organizations that utilize population health management models that emphasize wellness;
• Expand University of Arizona Medical Center capabilities for complex academic/clinical programs such as transplantations, neurosciences, genomics-driven precision health, geriatrics, and pediatrics while providing for investment opportunities in other areas;
• Bolster fiscal sustainability, eliminating persistent shortfalls and low operating margins currently experienced by UAHN.

In addition to solving the immediate financial needs, the proposed agreement will:

• Eliminate the debt burdening UAHN (currently projected to be $146 million)
• Provide resources for improved hospital infrastructure, including the $21 million purchase of land currently leased to UAMC and $500 million within five years to expand and renovate the medical center, and build new facilities as appropriate, such as a major, multi-specialty outpatient center to be constructed in Tucson
• Create a $300 million endowment which will provide a $20 million per year revenue stream to advance the UA’s clinical and translational research mission
• Preserve historic funding levels between the clinical and academic partners in addition to a $20 million per year enhancement.
• Allow additional funding support based on growth in revenues generated by the clinical and academic partnership.
• Improve operational efficiencies
• Secure and sustain a lasting relationship with, and commitment to, the University of Arizona, anchored by an Academic Division within Banner. The Academic Medical Centers: The University of Arizona Medical Center – University and South Campuses and Banner Good Samaritan Medical Center and the faculty practice plan, will support the growing needs of the Colleges of Medicine in Phoenix and Tucson and create a value-based delivery system;
• The Phoenix and Tucson academic medical centers will be infused with operational strength through the proposed transition and rapidly evolve into major economic drivers that will attract highly skilled, trained and paid professionals, elevating Arizona as a bioscience destination;
• Train more physician specialists and allied health professionals, including pharmacists and advanced practice nurses for Arizona;
• Provide a comprehensive platform for the development of physician-scientists who will drive discovery across basic science studies, patient-oriented clinical research, health services research, and population health;
• Enhance and elevate academic medical excellence across Arizona to national leadership levels; and
• Secure and sustain an operational foundation for the Colleges of Medicine in Tucson and Phoenix that will maximize the value of the ongoing state funding received annually through legislative appropriations.

“When these respected organizations unite, the potential for delivering top-tier academic medicine throughout the state, recognized nationally, becomes a reality,” said Steve Lynn, UAHN Chairman of the Board.

Added Michael Waldrum, M.D., UAHN President and CEO, “I’m especially pleased that this proposed transition will infuse stability and energy into our organization. This will benefit our patients, faculty, staff and students as we pursue excellence. Ultimately, we’re moving from a situation in which we can only maintain status quo, to a situation in which we can create a premier Academic Medical Center.”

This proposed transition is occurring amidst a period of profound transformation in health care that is driving organizations to adopt innovative ways to not only improve health care with a strong emphasis on wellness, but to do it at a lower cost.

“With health care here in Arizona and across the nation facing new challenges and opportunities every day, this agreement will allow the Arizona Health Sciences Center and the entire UA to advance our mission to provide education, conduct research and enhance patient care that will transform health care at the state and national level,” said Ann Weaver Hart, President of the University of Arizona. “Combining the world-class care at UAHN and Banner will better meet the needs of patients in Arizona and throughout the region, while also providing tremendous learning experiences for students at the University of Arizona. By forming this collaboration we will accomplish more for Arizona’s residents and for the advancement of medical knowledge and practice than we could do in isolation.”

The University of Arizona Colleges of Medicine and Banner Health have a long history of successful affiliation through the Graduate Medical Education program at Banner Good Samaritan Medical Center in Phoenix. Each year, Banner and the UA Colleges of Medicine collaborate in the training of nearly 260 physicians in five residency programs and in numerous fellowships.

Added Peter S. Fine, President and CEO of Banner, “We’re honored that the UAHN Board of Directors strategically sought Banner to create Arizona’s first statewide health system to help strengthen medical education. Banner’s vision is to sustain a position of national leadership. This opportunity to join with a premier academic organization significantly advances Banner towards this vision. In addition, we’re especially mindful of UAHN’s legacy of excellence in Tucson and throughout the state, which must be maintained, nourished and strengthened.”

thunderbird

Thunderbird School signs letter of intent to join ASU

The Thunderbird School of Global Management has signed a letter of intent to join Arizona State University.

The two schools released a statement Thursday that said both sides are working on a possible integration.

“This merger offers significant advantages to both institutions,” said ASU President Michael M. Crow. “Through the integration of Thunderbird with ASU, the Thunderbird historic global education vision will be sustained and extended, students at ASU and Thunderbird will have access to more courses and programs, ASU’s executive education programs can be broadened and expanded, and financial efficiencies will be created.”

A deal would provide broad educational cooperation, make Thunderbird staff part of ASU and put the Glendale-based school under the jurisdiction of the Arizona Board of Regents.

ASU and Thunderbird officials say they’re working diligently toward a final agreement by the end of this month.

Financial details of the deal haven’t been disclosed.

The statement says staff reductions are possible, but officials say the nature and the scale of the reductions still are being studied.

bioscience

Regents Approve New UA Downtown Phoenix Project

The Arizona Board of Regents on Thursday approved plans to construct a 10-story, 245,000-square-foot research building on the campus of the University of Arizona College of Medicine – Phoenix.

The Regents, at their meeting in Flagstaff, endorsed plans for the Biosciences Partnership Building, which will be built immediately north of the Health Sciences Education Building near 7th Street and Fillmore in downtown Phoenix.

“In this building, partnerships will be forged in which our scholars and researchers will be looking for the answers of some pretty daunting questions,” Ann Weaver Hart, president of the University of Arizona, said in announcing the project. “This is critical and central to the core plans of the Never Settle commitment at the University of Arizona. It will advance the interests of health care, it will nurture the best new science and the translation of that science into specific treatments. It will provide a setting where partners can find ways to increase not only our effectiveness but also the economic development of our broader community by tapping into the biomedical sciences.”

Under the plan passed by the Arizona Board of Regents, ground would be broken on the $136 million building by the end of 2014, taking about 26 months to complete. It would translate into nearly 500 jobs in design and construction and another 360 permanent jobs at build-out.

Plans are for the university to pursue expanded partnerships with industry, multi-disciplinary collaborations with its Phoenix partners.

The building would continue the steady expansion of the downtown Phoenix academic medical center after the 2012 completion of the award-winning education building and the ongoing construction of the University of Arizona Cancer Center at Dignity Health’s St. Joseph’s. The cancer center, a 220,000-square foot outpatient and research facility, is scheduled to be completed in the summer of 2015.

“It will mean more lab space for UA and give them even more tools to lead the way on neuroscience and cancer research and put an emphasis on health care outcomes,” Phoenix Mayor Greg Stanton said. “It is incredibly important that we keep the momentum going on this campus. One of the key components for economic future is best represented by everything going on this campus.”

The funding for the building comes from the Stimulus Plan for Economic and Educational Development bonds approved by the legislature in 2008 that paid for construction of the Health Sciences Education Building and related campus improvements. The construction of this second research building was approved by the Arizona Legislature’s Joint Committee on Capital Review at the same time as the Health Sciences Education Building in 2010.

Research focus areas include neurosciences, healthcare outcomes, cancer and precision medicine.

red-header-2014

RED AWARDS 2014: Developer of the Year

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.‎


Arizona Board of Regents

Winner of Best Public Project: McCord Hall
Finalist in Best Education Project: 
ASU Downtown Sun Devil Fitness Complex & McCord Hall
Finalist in Most Challenging Project: ASU Downtown Sun Devil Fitness Complex

Whether it’s bringing groundbreaking development to Arizona’s college campuses or facilitating adaptive reuses of existing structures, Arizona Board of Regents is behind many standout projects this year. ASU developed two modern fitness complexes in 2013 as well as the stunning new school for W. P. Carey graduate programs at McCord Hall. Looking forward, ASU will redevelop its Sun Devil Stadium, the College Avenue Commons (Block 12) project on its main campus and see the groundbreaking of its law center in downtown Phoenix as well as a redevelopment of the Annex along College Avenue north of the main campus. The University has the largest enrollment numbers in the nation and the aggressive development to match. That doesn’t mean University of Arizona and Northern Arizona University aren’t also aggressively developing. ABOR recently requested $1B from the state legislature for research development totalling 1,675,400 SF, which will include projects for all three universities.

red-header-2014

RED AWARDS 2014: Best Public Project

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.‎


McCord Hall
Owner: Arizona Board of Regents, for and on behalf of Arizona State University
Contractor: DPR Construction
Architect: RSP Architects
Design Architect: Kohn Pedersen Fox Associates
Size: 128,000 SF
Location: 450 E. Lemon St., Tempe
Completed: June 24, 2013

ASU McCordThe W. P. Carey School of Business’ new state-of-the art facility, McCord Hall, is home to Arizona State University’s graduate, MBA and executive education programs. Consisting of instructional spaces, administrative offices, student and career services and social spaces, this monumental structure is designed to last a century on ASU’s Tempe campus. The structural slab and roof structure are a post-tensioned concrete that can be re-tensioned years from now to renew their strength. The building boasts numerous sustainable features, including a façade-specific shading system and a roof designed for a photovoltaic array that can provide electricity for buildings across the whole campus.

asu

ASU freezes tuition for Arizona undergraduates

Arizona State University will not increase tuition for Arizona undergraduate students for the academic year that begins in fall 2014. This applies to both current students and those entering that year. No determination has been made yet regarding tuition levels for out-of-state students or for graduate students, whether in-state or out-of-state.

“ASU is focused on providing an exceptional education,” said ASU President Michael M. Crow. “Our commitment to the people of Arizona is to use innovation and operational efficiency to make access to such an education available to all who are able and willing to do the work.”

ASU will deliver a formal proposal to the Arizona Board of Regents in the spring as part of the regular process for setting tuition. The university is making this announcement early in order to give Arizona undergraduate students and their families as much planning time as possible.

rsz_az_opera_new_building_sign

Arizona Opera's New, $5.2M Center Opens on Central Avenue

 

Arizona Opera opened its new $5.2M, 28,000 SF Opera Center on Central Avenue in Phoenix.

The building project, in partnership with the City of Phoenix, included two phases. Phase 1 houses an intimate black box performance venue, rehearsal space, and orchestra loft and patron viewing gallery. General contractor was Brignall Construction; architect was Motley Design Group.

Phase 2 features administrative offices, box office, costume, wig and make-up shops, as well as educational and meeting facilities. Phase 2 made adaptive re-use of the previous Walsh Brothers building.

The Opera Center joins other cultural venues such as Phoenix Art Museum, the Heard Museum and Phoenix Theatre in the “uptown” arts district, which is easily accessible via METRO Light Rail.

The Opera’s Opera Center, was built in partnership with the City of Phoenix, which provided $3.2M in city bond funds.

“We are thrilled to have found such a perfect location for our new home, near our sister arts organizations and directly on the light-rail route,” said Scott Altman, general director of Arizona Opera.

The first full opera production will be held in April 2014 in the black box theater, while rehearsals, master classes and workshops will be held in the theater as early as April.

Arizona Opera will continue to present main stage productions in Tucson Music Hall and Symphony Hall Phoenix.

rsz_reh_panorama

rsz_lt_tempe

Liberty Property Trust to Develop Liberty Center at Rio Salado

 

Liberty Property Trust announced that it will develop a sustainable, mixed-use business park on 100 acres purchased from the City of Tempe last month.

The company is developing a site plan for the new park which will be known as Liberty Center at Rio Salado.

“After several years of continued success at our nearby Liberty Cotton Center , we sought opportunities that would allow us to continue to offer national and regional tenants opportunities to relocate to or expand,” said John DiVall, senior vice president and city manager for Liberty’s Arizona region.

“Liberty Center at Rio Salado is centrally located in the heart of Metro Phoenix and it will offer a terrific mix of office, flex and industrial space, and, we anticipate, hotel and retail locations.”

The Tempe City Council approved the purchase of the first 80 acres of land at Priest Road and Rio Salado Parkway in February. Liberty has the option to purchase 20 more acres at the location once development has begun.

“The City of Tempe offered its land for this project because we recognize that it is our role to encourage high-quality development and foster the growth of our local economy,”  Tempe Mayor Mark Mitchell said. “We are proud to welcome Liberty Center at Rio Salado to Tempe and look forward to watching it thrive, provide jobs and add to our community.”

Liberty also plans to announce the development of its first speculative building on the site later this year. All buildings it develops at the park will be designed to meet LEED certification with a focus on energy efficiency.

The park will offer visibility from Arizona Route 143 and the Loop 202, within minutes of Sky Harbor International Airport. Liberty has launched a website featuring information about the park and the surrounding area: libertycenteraz.com.

“This is a prominent piece of real estate that will allow tenants many benefits, from its central location to the airport and major highways to access to a strong, well educated labor pool,” DiVall said. “We expect to grow here for many years to come.”

Liberty Property Trust owns and manages more than 2 MSF of space in Phoenix, Tempe, Goodyear and Tolleson.

Some of its holdings include Liberty Cotton Center, Liberty 303 Business Park, Liberty Tolleson Center, Liberty Sky Harbor Center, and the LEED Gold and Energy Star certified 8501 E. Raintree Dr. office building.

Undergraduate In-State Tuition

In-State Tuition For ASU’s Undergraduates To Remain Constant

Arizona State University submitted a proposal to the Arizona Board of Regents (ABOR) that would have no increase on undergraduate in-state tuition during the 2012-13 academic year.

The proposal did, however, include a 3-percent increase on out-of-state tuition.

The Arizona Board of Regents will vote on the proposal in early April.

The 3-percent increase on out-of-state tuition will apply to both undergraduate and graduate students. The specific amounts for out-of-state undergraduate students will now range from $589 to $654, depending on the student’s program. For in-state graduate students, the proposed case increase is $291 and for out-of-state graduates, that number is $715.

Tuition levels beyond the 2012-13 academic year will heavily depend on the level of investments and other factors. ABOR does, however, have proposed a plan to the legislature that would bring an addition $60 million to the university in state funding over the next five years.

Tuition hearing are scheduled from Wednesday March 28th from 5pm to 7pm at each of ASU’s four campuses: Alumni Lounge in the Memorial Union at the Tempe campus; La Sala C at the West campus; Cooley Ballroom B at the Polytechnic campus; and NHI2-110 at the downtown campus.

Those who are unable to attend the hearings can send their comments, which regents will preview before the April 5-6 ABOR meeting, through fax, email or regular mail at: tuition@azregents.edu; 2020 N. Central Ave., Suite 230, Phoenix, AZ 85004; or 602-229-2555.

For more information on the proposed tuition rates, for both graduates and undergraduates, and differential tuition for school, program and course fee increases, visit ASU’s website at www.asu.edu.

ACA Board of Directors

Arizona Commerce Authority Board Of Directors Comprised of Statewide Leaders

The Arizona Commerce Authority aims to boost Arizona’s economy by creating jobs for Arizonans, attract and bring in new business, as well as show corporations Arizona is a better operating environment and a better place to collaborate and grow.

The following ACA Board of Directors are leaders within their respective fields:

Metro Phoenix

Chair: Gov. Jan Brewer
Co-Chair: Jerry Colangelo, Partner, JDM Partners
President and CEO: Don Cardon
Hon. Kirk Adams, Speaker, Arizona House of Representatives
Richard Adkerson, CEO, Freeport McMoRan Copper & Gold
Benito Almanza, State President, Bank of America Arizona
Dr. Craig Barrett, Chairman of the Board and CEO (Retired), Intel
Michael Bidwill, President, Arizona Cardinals
Donald Brandt, Chairman of the Board and CEO, APS
Drew Brown, Chairman of the Board, DMB Associates
Les Brun, Chairman and CEO, SARR Group
Hon. Robert Burns, President, Arizona Senate
Steve Cowman, CEO, Stirling Energy
Dr. Michael Crow, President, Arizona State University
Jerry Fuentes, President, AT&T Arizona/New Mexico
Dr. William Harris, CEO and President, Science Foundation Arizona
Linda Hunt, President, Catholic Healthcare West Arizona
Mike Ingram, CEO and President, El Dorado Holdings
Sherman Jennings, Chair, Governor’s Workforce Policy Council/
Human Resources Site Leader, The Boeing Company
Anne Mariucci, Regent, Arizona Board of Regents
Dr. Vicki Panhuise, Chair, Arizona’s Aerospace & Defense Commission/
Vice President, Honeywell Military Aircraft
Mary Peters, President, Mary E. Peters Consulting Group
Doug Pruitt, Chairman and CEO, Sundt Construction
Dr. Patrick Soon-Shiong, Executive Chairman, Abraxis BioScience
Mo Stein, Principal and Senior Vice President, HKS Architects
Pat Sullivan, CEO, Flypaper Studio
Roy Vallee, Chairman of the Board and CEO, Avnet

Tucson

Gary Abrams, CEO and President, Abrams Airborne Manufacturing
Peter Herder, Chairman of the Board and CEO, Herder Companies
Dr. Robert Shelton, President,  University of Arizona
Judith Wood, Chair, Governor’s Council on Small Business/ President, Contact One Call Center

Flagstaff

Dr. John Haeger, President, Northern Arizona University
Michael Manson, Co-Founder and CEO, Motor Excellence

Prescott

Dr. Jeanne Swarthout, President, Northland Pioneer College

Yuma

Victor Smith, President and Owner, JV Farm