December 2016 Issue
Treasurer’s End of Year Report

I would like to extend my warmest Holiday greetings to the entire New England Section. It is hard to believe we are about to end 2016. It certainly has been a tumultuous year of sorts. First, there was the Brexit vote. Then came more news about MACRA and what that might mean to Urology as a whole. And in November, our own contentious Presidential election outcome, when the winner of the electoral vote, lost the popular vote. Since Donald Trump was elected our 45th President, the stock market has responded strongly. The US dollar tumbled quickly on election night, but the dollar has since made a full recovery. As of this writing, the Dow Jones Industrial Average is up over 1,200 points since the night of the election. Talks about repeal, or partial repeal, of the Affordable Care Act abound. One can predict that there will be many more changes to our healthcare system in the next few years. Predicting those changes; that will be the challenge.

Fiscally, we have had another strong year within the New England Section. Our financial accounts continue to be extremely well managed by Mr. Joel Blau, of Mediqus Asset Advisors, based in Chicago. I meet quarterly with Joel, and I report to the Board twice per year. Our current assets hover close to $1.3 million. We have seen account gains in the vicinity of 7% this year. Year to date, we are showing an operational surplus, as we are ahead of budget in a few areas, and on budget in all others. We maintain our conservative strategy to protect our organization against the highest of highs and the lowest of lows.

This past September, the NE-AUA enjoyed a wonderful meeting here in Portland, Maine. The financial success of the meeting was largely due to the hard work from the folks at PRRI, some individual section members, and the support from our colleagues in industry. Six weeks prior to the meeting, it appeared that the Section could lose money on the Annual Meeting. Thanks to the hard work of those individuals, a successful meeting was had. The Section continues to support the education of our section's residents, and the socio-economic issues that face us all. This year, the New Enland AUA provided support for our Section's residents participating in the AUA Residents Bowl, for our residents presenting at out of section meetings, for our two resident essay winners who each attended the Joint Advocacy Meeting (JAC), and for any New England State Urology Society meetings providing Socio-economic programming at their state meeting.

In the future, we will have mounting challenges as an organization. The expansion of the online continuing education credits; the contraction of education travel accounts; the contraction of industry support; and the nationwide physician shortage requiring the physical need to be present in our practices, just to name a few. These will all present significant challenges to the traditional form of in-person section meeting we have all come to know and enjoy. This year, as part of your dues statement, the Board of Directors is asking your support of the Education Fund. Your generosity to this portion of the Endowment Fund, will allow the section to maintain our section meetings in the future, despite some struggles predicted ahead. Please consider supporting the NE-AUA this year, with your tax deductible contribution.

As I start my term as Treasurer of the New England AUA, I would be remiss if I did not mention the hard work of my predecessor, Art Tarantino. Dr. Tarantino has been a great mentor to me. Art has worked tirelessly for our Section, and he has done a terrific job in keeping the NE-AUA on target with the financial strategy authorized by the Board of Directors. Rest assured, Dr. Tarantino is not going anywhere soon, so you will be able to see and hear him at many of our meetings, thankfully.

Please do not hesitate to contact me at any time with questions or concerns. I can be reached most easily at gregoryadey@gmail.com

Respectfully,

Gregory S. Adey, MD FACS
Treasurer



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Celebrating a Golden Anniversary, Dr. Charles Huggins

The Nobel Prize for physiology or medicine is awarded annually "to those who, during the preceding year, shall have conferred the greatest benefit to mankind." This was written in Alfred Noble‘s will, which provided the foundation for the Noble Prizes. To date, there are only two Noble Prize laureates who have a connection with the field of urology. Dr. Werner Forssmann shared the Noble Prize in 1956 for his discovery concerning heart catheterization. The second urologist to be awarded this distinction is Charles Brenton Huggins in 1966 for his discovery concerning the hormonal treatment of prostate cancer. 2016 marks the 50th anniversary of this prestigious award. What follows is a brief overview of his many contributions.

Charles Huggins started his urologic career at the University of Chicago in 1927. This was a remarkable achievement as he had never done any medical research nor had special training in urology. He became professor in 1936 and gradually gave up his surgical practice in order to devote his time to research, which was his passion. He often said "Discovery is our business. There is nothing that matches the thrill of discovery."

His excitement was overwhelmingly contagious and he inspired many of his students to pursue academic leadership positions. It has been said that "exposure to Charles Huggins is a mutational event. Few have come under the stamp of his influence without discovering in themselves unrecognized abilities and intellectual powers."

Even before Dr. Huggins became a Noble laureate, he had won more than 100 awards and received numerous honorary degrees. His international acclaim and multi-disciplinary support was noted by many of his colleagues. In 1951, Dr. Huggins founded the Ben May Laboratory for Cancer Research at the University of Chicago, a facility that combined scientists from various fields committed to the study of experimental medicine and cancer. However, it was his ground-breaking research on the hormonal manipulation of prostate cancer that led to the Noble Prize. By showing that cancer cells were dependent on chemical signals, Dr. Huggins' established a new approach to the treatment of prostate cancer.

The implications of his work however reached far beyond prostate cancer. A colleague and former student of Dr. Huggins wrote that his work "heralded an era of rational chemotherapy for cancer." In 1950, Dr. Huggins turned his attention to breast cancer. He developed a method to identify the estrogen receptor content of breast cancers, a mainstay of therapy in this field. His other discoveries included identifying the components of seminal fluid, developing the concept of chromogenic substrates as well as the study of bone growth factors. These significant contributions continue to extend the lives of many patients.

Charles B. Huggins died on January 12, 1997. We are indebted to his vast intellect and unending commitment to research and education.

Submitted by,

Karim Hamawy, MD
Historian, NEAUA



New Section Representative to the AACU Named: Dr. Brian Irwin

Please join and congratulate Dr. Brian Irwin of the University of Vermont in Burlington, Vermont on being named Section Representative to the AACU leadership. This is an important position given the changing landscape in healthcare and politics, and Dr. Irwin will serve as a link between the NEAUA and AACU, reporting to both leadership and advocating for New England urologists.



AUA Board of Directors Update

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NEAUA October 2016 Business Meeting Minutes

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Summer Medical Student Fellowships

Urology Care Foundation Summer Medical Student Fellowships are designed to attract high-caliber medical students to urologic research by engaging them in summer research fellowships alongside world-class urologic scientists. Awardees receive $4,000 stipends to support them during a ten-week mentored research experience. The application deadline is January 12, 2017, 5:00PM Eastern time.




Residency Research Awards

Urology Care Foundation Residency Research Awards provide motivated and exceptional urology residents with mentored training to prepare them for careers that include urologic research. These awards provide up to $40,000 per year to conduct either six months or one year of research under the direction of an accomplished mentor. Sponsoring institutions provide matching funds and ensure that the awardee receives adequate research support. The application deadline is January 12, 2017, 5:00PM Eastern time.



AACU Regional Legislative and Socioeconomic Updates, Edited by Ross E. Weber



AUA Advocacy



AUA Interactive State Legislation Map

The AUA tracks state legislation that could impact the practice of urology in your region. View which bills the AUA is monitoring by visiting the interactive state legislation map.




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