1. Riata Fellowship Research Symposium James Hess, Ed.D. Associate Professor Family Medicine Healthcare Administration February 25, 2011

2. OSU Center for Health Sciences Background Information

3. OSU Center for Health Sciences Academic Programs College of Osteopathic Medicine School of Forensic Science School of Biomedical Sciences School of Healthcare Administration

4. Graduate Medical Education 22 Residency and Fellowship Disciplines Internship PGY1 Anesthesiology Cardiology Diagnostic Radiology Emergency Medicine Gastroenterology Internal Medicine Interventional Radiology Interventional Cardiology Osteopathic Manipulation Pulmonology Family Practice General Surgery Nephrology OB/GYN Oncology Ophthalmology Orthopedics Otolaryngology Pediatrics Plastic Surgery Sports Medicine

5. Graduate Medical Education OSU oversees 200+ interns and residents –OSU Medical Center is the largest osteopathic training facility in the nation and our primary teaching hospital –137 interns and residents, plus 40 medical students train in the facility each day –Serves as hub (lectures, grand rounds, etc.) for OSU residents in rural programs

6. Caring for Oklahoma More than 2,400 physicians have graduated from OSU since 1977 OSU grads serve nearly all of Oklahoma’s 77 counties 1 in 4 graduates practice in communities of 10,000 or less

7. OSU Center for Health Sciences Clinical Services Family Practice Pediatrics Surgery Ophthalmology OB/Gyn Internal Medicine Behavioral Medicine Osteopathic Manipulative Medicine Emergency Medicine

8. OSU Center for Health Sciences Clinical Services Operate 8 clinics in Tulsa, Muskogee, Enid 75 physicians 145,000 patient visits Revenues of $20 million annually

9. Riata Fellowship Goals and Progress Report

10. Riata Fellowship Goals Curriculum Development Graduate Degree Program Goals: Revise the Healthcare Administration (M.S.) Program Healthcare Leadership and Innovation –Program housed at CHS –Both Online and In-class options for every course

11. Riata Fellowship Goals Curriculum Development (con’t) Medical Education Program Goals: Inclusion of entrepreneurship curriculum in first four years of medical school (D.O.) Program Inclusion of entrepreneurship curriculum in Residency education

12. Curriculum Revision Summary General Core Required Courses -12 hrs Options: (12 to 15 Hours) 1.Healthcare Leadership and Innovation 2.Administration Electives for Specialization and emphasis – (3 to 6 hours) Creative Component Opportunities – 3 hrs Healthcare Leadership & Innovation

13. General Core Required Courses -12 hrs Survey in Healthcare Administration Social Structures of Health Care Organizations Research and Evaluation Methods in Healthcare Legal Issues in Healthcare Healthcare Leadership and Innovation

14. Leadership and Entrepreneurship Option Core Courses - 12 hours Leadership Methods and Styles Principles of Entrepreneurship in Healthcare Principles of Organizational Behavior and Development Human Resource Management in Healthcare

15. Leadership and Entrepreneurship Option Elective Courses – 5 or 6 hours Health Information Systems Operations Management & Qualitative Tools Marketing & Communications Internship in Healthcare Leadership and Innovation Directed Readings in Healthcare Leadership and Innovation

16. Administration Option Core Courses - 15 hours Human Resource Management in Healthcare Health Information Systems Operations Management & Qualitative Tools Healthcare Compliance Healthcare Finance

17. Administration Option Elective Courses – 2 or 3 hours Leadership Methods and Styles Principles of Entrepreneurship in Healthcare Principles of Organizational Behavior and Development Directed Readings in Healthcare Leadership and Innovation Internship in Healthcare Leadership and Innovation

18. May be an independent study project or an approved course that has a significant written report requirement. Creative Component - 3 hours

19. Riata Fellowship Goals Research and Publications Death of the Capitalist Physician –Generational and governmental pressures are combining to eliminate the physician entrepreneur Healthcare Costs – Entrepreneurship solutions –Collaboration with Open Market Partners, Inc. –Healthcare Hedging and Trading

20. Riata Fellowship Goals Healthcare Hedging and Trading Hospitals, insurance companies, providers, health plans currently have no standardized method of determining a market value for healthcare Hospital reimbursements, office visits, surgical procedures are all negotiated separately and secretly

21. Riata Fellowship Goals The Road Ahead Healthcare Hedging and Trading Academic study of how the commoditization of healthcare services and pricing could work Trading floor demonstration project – concept is to build a trading floor that would emulate the transactional process