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September 20, 2007 - Inside USP is the Official Newsletter for University of the Sciences in Philadelphia

USP's Board of Trustees Approves
Mayes College of Healthcare
Business and Policy

Dear USP Community:

We are pleased to announce that USP’s Board of Trustees voted today to establish the University’s fifth college: the Mayes College of Healthcare Business and Policy. This new college will help advance the education of our healthcare professionals to better prepare them for the future of healthcare.

The new college is named for alumna and current Board of Trustees member Kate Mayes. Kate was the founder and former president of Applied Clinical Communications, Inc., of Parsippany, N.J., before selling the company in 2000. Kate epitomizes the caliber of graduate the Mayes College of Healthcare Business and Policy will produce. We thank her for her generosity as well as for her vision and leadership.

The seed for the new college was planted by the University’s most recent Strategic Plan, Legacy, Vision, and Value, and is in keeping with our mission and focus on science and healthcare. In its comprehensive plan presented in March 2007, the USP Education Committee called for the establishment of just such a college, so that USP could produce “students who are highly skilled in the healthcare business and health policy fields.” It was recognized by the committee that a college of healthcare business and policy would be “a significant growth area for the University and (would in turn) provide more educational opportunities for all of its students.”

One month following the recommendation, USP formed an advisory committee of industry leaders, faculty, and campus stakeholders to investigate the feasibility of developing such a college. The committee conducted internal and external market research that demonstrated the industry is seeking healthcare professionals who possess leadership skills and specific competencies in the business of healthcare and the leadership skills to incorporate change and be effective. In addition, the committee confirmed the increase in healthcare related job opportunities. Since 2001, 1.7 million new jobs have been added to this sector, which includes related industries such as pharmaceuticals and health insurance.

With a focus on preparing professionals to function in an environment where legislative, regulatory, commercial, clinical, and technological issues converge, the Mayes College of Healthcare Business and Policy will offer undergraduate and graduate students a unique academic experience that will meet the evolving business, policy, and healthcare needs of society. We expect that graduates of this college will be the innovators who will reshape the healthcare environment we know today.

While much work has been done, to shape the efforts in this area, there is much work remaining to do. In the coming weeks and months, we will be naming an interim dean who will guide the development of the college, announce the location where the new college will be housed, and formalize the programs of study. We anticipate that current undergraduate and graduate programs to be housed in the new college will include biomedical writing, MBA in pharmaceutical business, health policy, pharmaceutical marketing and management, and public health. This combination of programs will enable the University to offer its students unique integrated dual degree programs.

New degree programs being developed to extend the programs in the college include:

  • Long Term Care Facilities Management (Bachelor of Science)
  • Regulatory Affairs and Compliance (Bachelor of Science)
  • Global Healthcare Leadership (Master of Science)
  • Health Sciences Management (PhD)

In addition to the academic programs, the Mayes College of Healthcare Business and Policy will house USP’s existing Health Policy Institute and Advanced Concepts Institute. The college will also launch a Leadership Institute in 2008.

The Mayes College of Healthcare Business and Policy continues the University’s legacy of creating ‘first in class’ healthcare education. As the nation’s first college to offer a pharmacy degree program, USP has over 186 years experience educating healthcare professionals who significantly impact healthcare delivery, discovery, and innovation. Today, USP remains on the leading edge with this new college of healthcare business and policy.

Please join us in celebrating this landmark moment in USP history.

Sincerely,

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Dr. Philip P. Gerbino
President

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Dr. M. Gary Sayed
Provost and Senior Vice President for Academic Affairs

 


Dr. Kate Mayes joins Delbert Payne, chairman of the USP Board of Trustees (left), and USP President Dr. Philip P. Gerbino following today's Board approval of the Mayes College of Healthcare Business and Policy.

About Kate Mayes P'76, PharmD'78
The Mayes College of Healthcare Business and Policy is named for USP alumna and entrepreneur Dr. Kate Mayes who earned her BS in Pharmacy in 1976 and her PharmD in 1978. Mayes, who parlayed her USP education into a successful business career, epitomizes the caliber of graduate that the new college aims to produce. Mayes founded and was president of Applied Clinical Communications, Inc., of Parsippany, N.J., from 1991 to 2000.  The company operated as a pharmaceutical consultant specializing in medical education.  In January 2000, she sold the company to UnitedHealth Group of Minnesota. Mayes, who started her career as a clinical pharmacist at Children’s Hospital of Philadelphia, also served as medical director for Sieber & McIntyre; and executive vice president, medical director, and managing partner at Integrated Communications Corp. She has served on USP’s Board of Trustees since July 2004. Mayes resides in Coral Gables, Fla., with her husband, Jim, who was treasurer of Applied Clinical Communications, Inc. Kate is an accomplished sailor and sports enthusiast.


Why This College Now?

A college preparing health professionals for the business of healthcare and health policy is congruent with the mission and strategic plan of USP.

• The Mayes College of Healthcare Business and Policy builds upon the USP legacy, enhances our strategic vision, and adds value for our constituents and stakeholders.

• USP has established credibility in health sciences. The new college further positions the University for success by offering programs within the healthcare business marketplace.

• New offerings within the college provide sustained long-term growth for the University.

• Research by the planning committee has shown strong marketplace interest in the launch of such a college.


“The Mayes College of Healthcare Business and Policy will create opportunities for USP to develop joint programs that combine the business perspective with the technical and scientific side, such as a PharmD/MBA or a professional master’s in cell biology & biotechnology. A message that we often hear from the corporate world is, ‘We wish graduates had a little more business savvy when they came to us.’ This is an opportunity to put those kinds of programs together to better prepare students for the careers they choose.”
Dr. John Porter, professor of biological sciences and president of USP's faculty council

“We are in a capitalistic society with a private healthcare system driven by individual self interest – as such, public and private policy primarily influences the market through development and implementation of business incentives. USP’s new college will help identify the inter-relationships and implications of policy and business on the healthcare system. USP students will be assessing policy in the context of its impact on stakeholder business models and from the standpoint of business as to implications of alternative policies. When you are looking to shape policy, you have to really think through the implications from the business perspective.”
Dr. Schumarry H. Chao, USP Board of Trustee member and President of SHC & Associates

“Almost invisibly, health care has become the main American job program for the 21st century, replacing, at least for the moment, all the other industries that are vanishing from the landscape.”
Business Week Online, September 28, 2006

“Currently there are an estimated 72,000 jobs in the State of PA attributed to Biotech and another 10,000 in NJ.”
Philadelphia Business Journal, July 2007