U of L trustee Nitin Sahney resigns from board Sunday, Sep 22 2019 

By Matthew Keck–

Founder and CEO of PharmaCord Nitin Shaney officially resigned from the University of Louisville’s board of trustees. He submitted his resignation from the board in early September.

U of L spokesperson John Karman confirmed that Sahney did resign Sept. 13.

Sahney’s term on the board was set to expire on Jan. 13, 2021, but chose to end his term sooner. He was initially appointed to the board in 2016 when Gov. Matt Bevin overhauled the entire board.

As a board member Sahney was involved with major decisions including the hiring of now President Neeli Bendapudi. This was a decision made by the trustees that has been well received unanimously.

He was also involved in the chaos that revolved around the firing of Tom Jurich. This ended with U of L reaching a multimillion dollar settlement with Jurich over his termination.

Before serving as a trustee Sahney was the president and CEO of Omnicare Inc., a former Fortune 500 company that deals with long-term care and specialty industries.

There has been no official reason announced as to why Sahney resigned from the board. Sahney was not available for further comment at the time.

Photo Courtesy of University of Louisville

The post U of L trustee Nitin Sahney resigns from board appeared first on The Louisville Cardinal.

President releases draft of Strategic Plan Thursday, Jul 11 2019 

By Maggie Vancampen and Matthew Keck —

After six months planning, President Neeli Bendapudi has released the first draft of the 2019-2022 Strategic Plan.

Bendapudi emailed the University of Louisville community with the news.

“I am grateful many of you provided thoughtful ideas and feedback through the website and our open forums,” she said in the email.

The draft plan is open for revisions. All comments and suggestions should use the comment form by July 24.

The plan focuses on Bendapudi’s vision of making U of L a great place to learn, work and invest. It also enumerates Cardinal Principles.

The Cardinal Principles are care, accountability, respect, diversity, integrity, noble purpose, agility and leadership.

It is split into two three-year plans. The first year, 2019-2020, is about “Defining Our Aspirations and Building Capabilities.”

The second year, 2020-2021, is “Building Capabilities and Piloting Change Strategies.”

The final year, 2021-2022, is “Assessing Change and Scaling What Works.”

The second three-year plan will determine what has been achieved and highlight and refine those programs going forward.

Key themes are preparing students for the future, attracting successful people to the U of L community and creating an environment where all contribution is valued.

Making U of L a great place to learn, work and invest is a focal point of the new plan. Transformative, purpose-driven and engaged learning are all key factors for making it a great place to learn.

In order to make it a great place to work, personal growth and professional development take center. The plan also asks that the faculty and staff live the institutional values.

U of L’s impact on the economic, social and cultural well-being of Louisville will make it a great place to invest.

Bendapudi wants to see the university take on Grand Challenges, whether through student and faculty research or the funds that help drive the research.

After the Board of Trustees approves, U of L will implement the plan, create a Grand Challenges Committee and appoint a Cardinal Principles Committee.

The Grand Challenges Committee is charged with finding areas that impact the economic and societal well-being of local and global communities.

The Cardinal Principles Committee will ensure the university is following Bendapudi’s Cardinal Principles.

The university stated that they will spend the fall testing and reviewing many of the strategies mentioned in the draft. They want to keep U of L an institution of progressive change, substance and engagement.

An Implementation Committee will be appointed soon to move it forward in the fall and over the next three years.

“Thank you for your engagement and your support during the development of this plan,” Bendapudi said in the email. “Together, we will move forward to make U of L an even better place to learn, to work and in which to invest.”

File Photo / The Louisville Cardinal

The post President releases draft of Strategic Plan appeared first on The Louisville Cardinal.

U of L won’t buy Kentucky One Health assets Thursday, Jun 13 2019 

By Matthew Keck —

The University of Louisville announced June 11 it will not be buying Kentucky One Health’s Louisville assets. Those assets include Jewish Hospital where U of L has service lines and residencies.

This announcement came after U of L’s six-month search for a partner to help acquire the assets and fund this acquisition. U of L had until June 30 to find a partner.

“We regret ending our talks with CHI [Catholic Health Initiatives], but we must do what is fiscally responsible for the University of Louisville,” said UofL President Neeli Bendapudi. “Without a viable partner, we do not have the resources necessary to make the acquisition a reality.”

U of L stated in the press release that CHI will extend the Academic Affiliation Agreement. This ensures that graduate and resident program operations at Jewish Hospital and Frazier Rehab won’t cease. CHI will assign new facilities at the university’s request if operations at the two cannot continue. U of L media spokesman John Karman said this extension is open ended.

The academic agreement allows U of L’s physicians and residents to care for patients and work in leadership positions for various hospital programs. It also allows them to conduct clinical trials that offer innovative treatment unavailable elsewhere in the region.

Karman said that the university hopes that no positions will be lost as a result of this deal falling through.

CHI has additionally agreed to continue the professional services and medical directorships. These are all included in the Master Services Agreement. CHI stated they will give at least 90 days before terminating any of these individual agreements.

“Our patients will continue to receive the highest quality care, and our students and residents will continue to receive the education and training they must have to become future providers,” Bendapudi said. “That is our unwavering commitment.”

Jewish Hospital is where U of L physicians provide organ transplantation, cardiovascular medicine and neurological surgery. This hospital is the only solid organ transplant facility in the region. U of L’s clinical care and research in cardiovascular medicine and spinal cord injury are conducted at Jewish and Frazier Rehab.

Deborah Lee-Eddie, interim market CEO for Kentucky One,  said she was disappointed that U of L could not find a partner, but they will now continue discussions with other interested organizations.

Photo Courtesy of Kentucky One Health

The post U of L won’t buy Kentucky One Health assets appeared first on The Louisville Cardinal.

« Previous Page