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WeightWho administers Type of fundsFund Source 100%VA or VA- NPC VA Research funds QUERI Reimbursed by other Federal agency VA General Post Funds Funds.

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Presentation on theme: "WeightWho administers Type of fundsFund Source 100%VA or VA- NPC VA Research funds QUERI Reimbursed by other Federal agency VA General Post Funds Funds."— Presentation transcript:

1 WeightWho administers Type of fundsFund Source 100%VA or VA- NPC VA Research funds QUERI Reimbursed by other Federal agency VA General Post Funds Funds awarded to NPC VACO NIH Other Federal Agency (e.g. DOD, CDC, NSF, FDA, NASA…) Academic Institution, Donor or State/Local Government Private Proprietary Company (Industry) Voluntary Agency or Foundation (e.g. AHA, PVA..) 75%Not VA; Administered by academic affiliate or other Peer reviewed NIH Other Federal Agency (e.g. DOD, CDC, NSF, FDA, NASA…) Voluntary Agency or Foundation (e.g. Am. Heart, Am Lung, PVA..) 25%Not VA; Administered by academic affiliate or other NOT Peer reviewed Academic Institution, Donor or State/Local Government Private Proprietary Company (Industry)

2 Total amount of VERA dollars to be distributed is fixed Allocated amount is equal to the amount of Research funding requested by VA in President’s budget Amount requested is negotiated between ORD, VA/VHA and OMB Congress may appropriate more funding for VA Research than initially requested but the size of the VERA allocation for Research stays the same Size of VERA pie is fixed

3 How VERA is calculated 1. VAMCs submit their expenditures in the various categories 2. Weighted sum is calculated for each VAMC 3. Weighted total from all VAMCs is summed 4. The total requested is divided by the total available to get the “national price” e.g. if national total = $1,000M and the available VERA allocation is $580M the national price is $580 / $1,000 = 58% 5. Each VAMC’s weighted total is multiplied by the national price to get final allocation for that site 6. Funds are sent to VISN who distributes to VAMCs

4 VERA dollars come two years later 1. VAMCs report totals at the end of FY12 3. VERA calculated over FY 13 3. Funds distributed in FY 14

5 Table 8: FY 2014 PRELIMINARY VERA Research Support Back-Up Data and Allocations Medical Center QueriVA Admin Not VA Admin PR Not VA Admin NPR undiscounted Not VA Admin NPR Discounted Medical Center Total National Price for Research Support Facility Allocation undiscounted discounted @75% discounted @25% FORMULAS:col 1col 2col 3 col 4 = (col 3)*.75col 5 col 6 = (col 5)*.25 col 7 = col 1 + col 2 + col 4 + col 6col 8 col 9 = (col 7) * (col 8) Your VAMC$100,000$4,000,000 $3,000,000$4,000,000$1,000,000$8,000,000$0.58$4,640,000

6 Table 8 = Research Click to get info on how VERA is calculated i Search “ARC” (Allocation Resource Center) on VA webpage, then click VERA

7 Table 8: FY 2014 PRELIMINARY VERA Research Support Back-Up Data and Allocations Medical Center QueriVA Admin Not VA Admin PR Not VA Admin NPR undiscounted Not VA Admin NPR Discounted Medical Center Total National Price for Research Support Facility Allocation undiscounted discounted @75% discounted @25% FORMULAS:col 1col 2col 3 col 4 = (col 3)*.75col 5 col 6 = (col 5)*.25 col 7 = col 1 + col 2 + col 4 + col 6col 8 col 9 = (col 7) * (col 8) Your VAMC$100,000$4,000,000 $3,000,000$4,000,000$1,000,000$8,000,000$0.58$4,640,000


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