21-17-125. Family medicine resident program education and clinical training; contract for clinical operation; use of University of Wyoming residents, students and faculty.

(a) Whenever the board of trustees deems it in the best interests of the university they may enter into one (1) or more contracts with any person, group, association or corporation for the operation of the family medicine residency program and related functions. As consideration for the operation of the clinical and related functions the contract may provide for:

(i) The lease of appropriate University of Wyoming facilities and equipment;

(ii) The services of university employees;

(iii) A payment from the university; and

(iv) Funding, supplies and equipment.

(b) If the board of trustees deems it in the best interests of the university to enter into one (1) or more contracts for the clinical operations of the family medicine residency program, the university shall ensure that the contract requires:

(i) Provision of a clinic for the university's family medicine residency program as provided by this section;

(ii) To the extent feasible, attainment and maintaining of qualification as a federally qualified health center and performance of the duties required of a federally qualified health center;

(iii) Operation of the clinic in a manner required by the accreditation council for graduate medical education, and if deficiencies in operation are identified, development and implementation of a plan to remedy the deficiencies, which plan shall be developed with the participation and approval of the university;

(iv) As specified in the contract, reimbursement to the university for the services of University of Wyoming faculty, physician residents, staff and any students who function as clinic medical staff or other staff or who otherwise provide services to the entity with whom the university has contracted. The contract may contain provisions to ensure that this reimbursement does not endanger the clinic's financial solvency;

(v) Furnishing the university with semiannual reports showing the financial condition of the clinic and providing an accounting of all monies received and expended. The reports shall satisfy accounting standards specified in the contract and shall provide a level of detail specified in the contract, but which is designed to allow public release of the reports without violating the privacy of any patient;

(vi) Payment to the university of a percentage of the net revenues derived from operation of all family medicine residency program clinics. The contract may specify:

(A) An allowance for depreciation and improvement of equipment to be deducted from gross revenue before calculating net revenue;

(B) That any equipment purchased pursuant to this provision shall be:

(I) The property of the university; and

(II) Included in the facilities leased to the operator pursuant to this section.

(vii) Upon completion or nonrenewal of the contract, return to the university of any funding, supplies, equipment and patient records received from the university to the extent and in the form possible as specified in the contract.

(c) The university may enter into separate contracts for separate facilities, and these contracts may be with multiple entities. The university may enter into separate contracts with other entities to furnish additional training opportunities for family medicine residency program physician residents and other students.

(d) The University of Wyoming family medicine residency program shall include within the university's biennial budget request submitted under W.S. 9-2-1013 a report specifying at a minimum:

(i) The financial condition of the clinic and all monies received and expended;

(ii) Patient demographics;

(iii) Physician resident data;

(iv) Federally qualified health center compliance; and

(v) Quality metrics.