Understanding VERA Research Funding Allocation Process
The VERA (Veterans Equitable Resource Allocation) system determines the distribution of research funds within the VA. VAMCs report their expenditures, which are weighted and summed to calculate a national price. This price is used to allocate funds to individual sites. VERA dollars are distributed two years later based on the previous year's data. Details on how VERA is calculated and the allocation process are provided in Table 8 for FY 2014. To access further information, learn about VERA calculation by visiting the Allocation Resource Center on the VA website.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Weight Who administers Type of funds Fund Source 100% VA or VA- NPC VA Research funds QUERI Reimbursed by other Federal agency VA General Post Funds Funds awarded to NPC VACO NIH Other Federal Agency (e.g. DOD, CDC, NSF, FDA, NASA ) Academic Institution, Donor or State/Local Government Private Proprietary Company (Industry) Voluntary Agency or Foundation (e.g. AHA, PVA..) 75% Not VA; Administered by academic affiliate or other Peer reviewed NIH Other Federal Agency (e.g. DOD, CDC, NSF, FDA, NASA ) Voluntary Agency or Foundation (e.g. Am. Heart, Am Lung, PVA..) 25% Not VA; Administered by academic affiliate or other NOT Peer reviewed Academic Institution, Donor or State/Local Government Private Proprietary Company (Industry)
Total amount of VERA dollars to be distributed is fixed Allocated amount is equal to the amount of Research funding requested by VA in President s budget Amount requested is negotiated between ORD, VA/VHA and OMB Congress may appropriate more funding for VA Research than initially requested but the size of the VERA allocation for Research stays the same http://assets.openstudy.com/updates/attachments/5053853ee4b0a91cdf4417ce-parthkohli-1347650940291-pie.gif VERA Size of VERA pie is fixed
How VERA is calculated 1. VAMCs submit their expenditures in the various categories 2. Weighted sum is calculated for each VAMC 3. Weighted total from all VAMCs is summed 4. The total requested is divided by the total available to get the national price e.g. if national total = $1,000M and the available VERA allocation is $580M the national price is $580 / $1,000 = 58% 5. Each VAMC s weighted total is multiplied by the national price to get final allocation for that site 6. Funds are sent to VISN who distributes to VAMCs
VERA dollars come two years later 1. VAMCs report totals at the end of FY12 3. VERA calculated over FY 13 3. Funds distributed in FY 14
Table 8: FY 2014 PRELIMINARY VERA Research Support Back-Up Data and Allocations Not VA Admin PR Not VA Admin PR Not VA Admin NPR National Price for Research Support Not VA Admin NPR undiscounted Discounted Medical Center Total Facility Allocation Medical Center Queri VA Admin discounted @75% discounted @25% undiscounted col 7 = col 1 + col 2 + col 4 + col 6 col 4 = (col 3)*.75 col 6 = (col 5)*.25 col 9 = (col 7) * (col 8) FORMULAS: col 1 col 2 col 3 col 5 col 8 Your VAMC $100,000 $4,000,000 $4,000,000 $3,000,000 $4,000,000 $1,000,000 $8,000,000 $0.58 $4,640,000
Table 8 = Research i Click to get info on how VERA is calculated Search ARC (Allocation Resource Center) on VA webpage, then click VERA
Table 8: FY 2014 PRELIMINARY VERA Research Support Back-Up Data and Allocations Not VA Admin PR Not VA Admin PR Not VA Admin NPR National Price for Research Support Not VA Admin NPR undiscounted Discounted Medical Center Total Facility Allocation Medical Center Queri VA Admin discounted @75% discounted @25% undiscounted col 7 = col 1 + col 2 + col 4 + col 6 col 4 = (col 3)*.75 col 6 = (col 5)*.25 col 9 = (col 7) * (col 8) FORMULAS: col 1 col 2 col 3 col 5 col 8 Your VAMC $100,000 $4,000,000 $4,000,000 $3,000,000 $4,000,000 $1,000,000 $8,000,000 $0.58 $4,640,000
