Consolidation The Path Forward

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					Consolidation: The Path Forward

    A Report to the Board of Regents
     Chancellor M. Roy Wilson, MD, MS
Consolidation: The Path Forward
•   What was the original timeline?
•   Where are we today?
•   What has the financial impact been?
•   What is the plan for full implementation?
                  The History
• After two studies involving all four system
  campuses, the Board approved consolidation of
  the Denver and Health Sciences campuses in
  June 2004. The action became official in July.

• During the first six months, the new university
  achieved full consolidation of its administration
  and finance functions.
   What was the original timeline?

• One year planning period

• Phased, multi-year implementation

• Recognize full implementation will be an evolution,
  not a revolution.
What is the current state of consolidation?
• Educational and Research advances
   – Creation of the Bard Center’s Colorado
     Bioentrepreneurship Program
   – Consolidation of the Graduate Schools
   – Creation of the PhD in Clinical Health Psychology
   – Colorado Translational Science Institute
• Student and Faculty Services advances
   – Academic and Student Affairs consolidation by Sept. 1,
     2007
What has happened fiscally since consolidation?

• Diversification of the financial model

• Extra-mural research funding

• Undergraduate student enrollment
What has happened fiscally since consolidation?
    Administrative Costs as a Percent of Operating Expenses

   7.40%
                 7.36 %                      7.36 %
   7.35%

   7.30%

   7.25%

   7.20%

   7.15%

           2003-04 (UCD + HSC)        2005-06 (UCDHSC)
What has happened fiscally since consolidation?
                                           Administrative Costs per Student


                   $3,000                                                              30,000
                                  27,070                                      27,969

                                                                          $2,385       25,000
                                  $2,245
 In 2007 Dollars




                   $2,000                                                              20,000




                                                                                                Student HC
                                                                                       15,000


                   $1,000                                                              10,000


                                                                                       5,000


                      $0                                                               0
                            2003-04 (UCD + HSC)                     2005-06 (UCDHSC)
                                                     Fiscal Year
What has happened fiscally since consolidation?
                                           External Research Funding Awards
                        $400.0
                                                                                      $363.4m
                        $350.0                                             $322.5m
                                                   $299.8m
  Dollars in Millions




                        $300.0

                        $250.0

                        $200.0

                        $150.0

                        $100.0

                         $50.0   $22.7m

                          $0.0
                                 UCD '04          UCHSC '04           Combined '04   UCDHSC '07
                                                             Fiscal Year
What has happened fiscally since consolidation?
                                             Fundraising Totals

                                                                             $56.4 m
                          $60


                          $50
    Dollars in millions




                          $40


                          $30
                                                               $18.8 m
                                                $16 m
                          $20

                                   $2.8 m
                          $10


                           $0
                                UCD '04     UCHSC '04    Combined '04    UCDHSC '07
                                                 Fiscal years
      Plan for full implementation
• North Central Association approves accreditation as a
  consolidated university in Spring in 2005
• Complete reorganization of administrative structure
• University-wide Strategic Planning
• North Central Association Accreditation final visit
  scheduled for 2010 – 2011
• Major naming and branding initiative
        Naming the university
Our current name, University of Colorado at Denver
 and Health Sciences Center

• University of Colorado Denver
• University of Colorado Metro Denver
• University of Colorado at Denver and Aurora

				
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