NSHE Board of Regents unanimously approve UNR Med/Renown Health LOI

News & Events

On Friday, September 11, the Nevada System of Higher Education Board of Regents unanimously approved the UNR Med and Renown Health Letter of Intent (LOI) to explore a high-level clinical integration.

With this strong endorsement by the Board of Regents, our organizations now enter a period of due diligence over the next few months. We will conduct an intense investigation of the critical domains that will define this relationship, including governance, funds flow, operations, finances, mission and culture. We will ask the many questions that have yet to be answered.

To ensure that this due diligence process is thorough and comprehensive, The Chartis Group, consultants with extensive experience working with health systems and medical schools, has been hired to assist our organizations develop a business plan for what a future state of clinical integration looks like. This process is intended to lead to a Definitive Agreement that we will consider fully before it goes back before the Board of Regents for approval.

"I've been asked when will this new affiliation occur. The timing will be driven by the due diligence process over the coming months. It will be critically important that we allow the process to work through the very complex and vital components that I mentioned above," said UNR Med Dean Thomas Schwenk, M.D. It is good to move this forward in an expeditious way. It is even better to pay close attention to the details of how our two organizations will work together to build a build a new model of high-level integration of teaching, research and clinical programs. A careful process will lead to an agreement that can stand the test of time."

Dean Schwenk continues, "Ultimately, as I have said, it is most important that this integration serves the interests, needs and hopes of our community. I anticipate an agreement late this year or early 2021, with implementation to follow in early-mid 2021."

Please look to Nevada Medicine Weekly for more updates throughout the due diligence process and ways for you to provide input and participate.

Media Contact

Email: news@med.unr.edu

The University of Nevada, Reno School of Medicine, Nevada's first public medical school, is a community-based, research-intensive medical school with a statewide vision for a healthy Nevada. Established in 1969, UNR Med is improving the health and well-being of all Nevadans and their communities through excellence in student education, postgraduate training and clinical care, research with local, national and global impact and a culture of diversity and inclusion.

Released: Tuesday September 15, 2020 @ 6:00 AM