1. Oakland University William Beaumont School of Medicine

2. In partnership with Beaumont Hospitals we will bring the first M.D. – granting private medical school to Oakland County and the first new medical school started in Michigan in a generation. The collaboration of Oakland University’s and Beaumont Hospitals’ highly complementary programs and infrastructures will transform and elevate both institutions to the next level in our shared pursuit of excellence.

3. The Oakland University William Beaumont School of Medicine will generate hundreds of new jobs and bring hundreds of millions of dollars into the region’s economy in the first year alone. It has the potential to generate thousands of jobs and an economic impact of up to $1 billion dollars annually in the region, once it is fully operational.

4. It will promote applied research “from the bench to the bedside,” assuring that scientific discoveries and new technologies are able to directly benefit patients in the most rapid timeframe possible. It will be a medical school that trains physicians to practice 21 st century medicine with an emphasis on research, technology, preventive and pre-symptom medicine, treatment and management of chronic disease, and teamwork.

5. Business ventures in related health care fields will take off. The school will also attract top-level medical, business and academic leaders from around the globe, and help keep our “best and brightest” from leaving the state to pursue educational opportunities elsewhere. It will also play a key role in the growing challenge of providing Michigan’s citizens access to health care.

6. Unique by design, the medical school will prepare a physician able to adapt to and embrace the changing demands of patient care in the 21 st century. It will produce a physician with an ability to balance the art of science and medicine in a high tech environment. The medical school will vastly enhance Beaumont Hospitals and Oakland University’s Research capabilities and programs.

7. The medical school and OU faculty will work together in seeking new National Institutes of Health and other national agency funding opportunities. Already, Oakland and Beaumont Hospitals have initiated 15 new joint privately-funded research projects.

8. Our timeline to open a medical school on campus targets the fall of 2010 and a charter class of 50 students. Between now and then we are working with the accrediting authority, the LCME, to present our application materials and to facilitate a site visit before receiving the go ahead in 2009 to actively recruit students.

9. We have identified a vision: “A partnership to lead innovation in patient- centered medical education and research.” If all goes as planned, our charter class of medical students will graduate in 2014.