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       Dr. Bosomworth noted further that the University Hospital is the
first hospital in Kentucky to activate a complete medical audit program.
Further, Hospital personnel have participated in workshops across the
Commonwealth designed to teach personnel in other hospitals how to con-
duct the audit.

       In closing, Dr. Bosomworth said that no action was required by
the Board of Trustees on this report. It was simply given as an informa-
tion item.

       Mr. Sturgill thanked Dr. Bosomworth for this evidence of the
University Hospital' s continuing leadership role.


       0. Lawrence E. Forgy, Jr. 's Resignation Announced

       Dr. Singletary said it was with real regret that he was announcing
the resignation of Mr. Lawrence E. Forgy, Jr. as Vice President for
Business Affairs, effective on or about the first of May. Mr. Forgy is
resigning in order to take a position with a prestigious law firm in this
Commonwealth. The President said that he was forced to agree that it is
a wonderful opportunity for Mr. Forgy and for the firm and, although
reluctant to see him go, it is an appropriate career decision. It does,
however, present two problems: one, a purely personal one; and the other,
an institutional one.

       Saying that he considered Mr. Forgy a close personal friend as
well as a valued colleague, Dr. Singletary continued that he had brought
intelligence, character and dedication to a tough job and he has been a
constant source of help and advice always. Combining tact and know-how,
hard work and intelligence, he has been able to accomplish much for the
University. He will be a difficult man to replace.

       In closing, President Singletary said that the University has lost
a number of vice presidents in the last few years but that is a risk that
an institution runs when it attempts to recruit the Larry Forgys of this
world. The last four vice presidents have left the University to go on to
higher positions, one as coordinator of higher education in the state, one
as president of a university, one as executive director of a national
association in Washington, and now one to the private practive of law.