Funds Flows
Acronyms – What do the following acronyms stand for: ASP, IASP, GME, CSP, SOAR, SOAP, FAM, UBM?
Academic Support Payment, Incremental Academic Support Payment, Graduate Medical Education, Clinical Support Payment, Support for Outstanding Academic Researches, Support for Outstanding Academic Physicians,
Acronyms – What do RVU, MOU, PSA, FDP stand for?
Relative Value Unit
Memo of Understanding
Professional Service Agreement
Finance Development Program
Acronyms – What do the following acronyms stand for: RI, NRI, FAM, UBM?
Fund Allocation Model, University Budget Model, Resource Intensive, Non-Resource Intensive
FAM - Which three departments are part of the FAM model but are not classily referred to as a Clinical Science or Basic Science Department?
Anatomy, Cancer Center, and MNI
Tuition Revenue – How much tuition revenue does UMMS receive each year?
(Tuition & Registration Fees + Application Fees / Enrollment Deposits - Rackham Support / Central Financial Aid)
$64.2M (FY26 Budget)
IDC Allocation – What percentage of total indirect cost (IDC) recovery does the Dean’s Office retain versus what flows to departments?
Dean's Office retains 60% of IDC generation, Departments receive 40% of IDC generation
RVU Rate Formula – What are the numerator and denominator used to calculate an RVU rate?
Numerator = 50th Percentile AMGA Benchmark Compensation by Subspecialty
Denominator = 50th Percentile AMGA Benchmark wRVU by Subspecialty
CDA Knowledge - Name the departments that the following CDA's run?
- Vik Sukumar
- Amy Kaufman Eddy
- Paul Salow
- Mike Dorff
- Michelle O
- Olushola Samuel
Vik - Orthopedic Surgery
Amy - OBGYN
Paul - Ophthy
Mike - Neurology
Michelle - DLHS
Olushola - CDB
Acronyms – The following are all benchmarking sources for compensation and productivity data. What do these acronyms stand for?
AMGA, AAMC, MGMA, AAARAD
American Medical Group Association
Association of American Medical Colleges
Medical Group Management Association
Association of Administrators in Academic Radiology
Gift Balances – What is the current total of expendable gift balances at UMMS?
$516.7M (As of March FY25)
FY24 UMMG Funds Flow – How much did UMMG distribute to departments for RVU payments in FY24?
$620.6M
Staffing Models - Name the department that currently have a full or partial staffing model in place.
Radiology
Internal Med- Hospitalist
Emergency Medicine
PMR
Psych
Anesthesiology
Tuition - What are all the "types" of Tuition the Medical School receives?
Medical Student
Graduate
Undergraduate
Masters
Dental
FY24 Gainshare Projects – What were the two departments that received gainshare funding for the FY24 cycle?
Radiology
Pathology
Dean’s Commitments – What is the current total of outstanding Dean’s Office commitment balances?
$563.7M (As of April FY25)
FAM - Which funds flows run through FAM to the departments?
Tuition, IDCs, Rent, Base Provost Commitments, Dean's Office Supplements
RVU Rolling Average Weights – What percentage weights are assigned to each year in the 3-year rolling average for RVU rates?
Most Recent Year = 50%
Most Recent Year - 1 Year = 35%
Most Recent Year -2 Years = 15%
Center / Institute - Which Institute is run by Dr. Tony Rosenzweig and Cicely Luca?
Institute of Heart & Brain Health
FDP - What schools will the new FDP class (full times and interns) be joining us from?
Umich
Hopkins
Duke
UNC
Malpractice Insurance – How much does the health system pay annually for malpractice insurance (professional only)?
FY24 - $23.8M
CSP Analysis – What financial elements are analyzed in Clinical Support Payment (CSP) reviews?
Clininical funds flows from the Clinical Enterprise --> Medical School Departments against professional revenue collections.
Professional Revenue Collections
RVU Payments
APP Supervision
Admin Payments
Professional Malpractice Insurance
MOUs / Staffing Models
PSAs – What overhead rate is included in many PSAs?
12%
Basic Science Faculty Salary Expectations – What percentage of salary is the baseline expectation for basic science faculty to cover with research funding?
50%
FDP - Where did FDP eat after the Toledo career fair in 2024?
Waffle House
Taxes to Central Campus – How much does UMMS pay annually in taxes to central campus?
FY26 Budget: $142M