Faculty Consulting

No. The current process through CU Medicine remains in place. All agreements, regardless of when the activity occurs, will continue to go through CU Medicine unless otherwise stated. Any change to the existing process will be communicated to members. 

This change is scheduled to take place on January 5, 2026. CU Innovations will provide documentation and in-depth training to ensure all members understand any changes to the new process, as well as how to use the new software, Ironclad.

CU Innovations is working closely with faculty, DFAs, and other key stakeholders to ensure a smooth transition. We are also working closely with implementation experts from Ironclad to ensure our business needs are met and we are following best practices. We will be launching a small pilot in December to work out kinks before the formal launch in January. If you would like to volunteer for either stakeholder interview or the eventual pilot group, please let us know.

Once everything is in place, we’ll share comprehensive training materials, FAQs, and live training sessions to make sure you feel fully supported and confident as you navigate this change.

Consulting engagements accepted may or may not be directly related to the University of Colorado's mission. Examples of consulting services may be serving on a for-profit corporation board as a medical advisor, performing a series of seminars or conferences, serving as a newsletter editor for a medical society and other like activities.

We will continue to update this page with more information as it becomes available. If you have a specific question, please find the list of change leaders below.

Yes, we look forward to optimizing revenue options through this change. Simple contracts, including but not limited to scientific advisory boards and speaking engagements, will incur a 10% management fee. Complex or large-scope contracts, including but not limited to ongoing agreements or those valued at $50K+, will incur a 20% management fee. CU Innovations will be trialing this new structure for one-year and it is subject to change.

Note: Agreements filed on January 5th or later through the new process (with CU Innovations and Ironclad) will be subject to these new rates. For existing agreements or those, current rates will be honored and will not change.

CU Innovations brings deep expertise in managing intellectual property, and this transition will provide greater visibility and alignment with existing protections. Faculty can continue to expect safeguards for their work, with the added benefit of CU Innovations’ dedicated focus in this area.

All income, fees, retainers, or other compensation received for professional services shall include but are not limited to cash, checks, deferred compensation, warrants, phantom stock, stock option plans or arrangements and any other compensation or benefit plans or arrangements.

Consulting revenue is defined as non-clinical revenue performed for non-affiliated entities such as academic and/or medical societies, pharmaceutical or medical instrument/device for-profit corporations and the like.

In August, members approved a resolution that faculty will directly contract and bill for any medical or legal work they perform, instead of going through CU Medicine. Examples of medical/legal services include: testimony/expert witness at a trial; record review in preparation for a legal case; a report or letter preparation to support a legal case; deposition; and more. For more information about this change, including timelines, FAQs and examples, please visit this page.

With this upcoming change, faculty and administrators can expect an initial response to submitted requests within 48 business hours. At that point, our team will confirm whether additional information is needed or if the request is ready to move forward. We will also indicate whether the agreement falls into the complex fee category noted above and outline the next steps in the process so you know what to expect.

Yes! Ironclad will be integrated with university SSO, so you can log in using your existing university credentials — no separate username or password required.

It is expected that the experience to providers will be largely unchanged, though, all facets of the contracting process will be moving from CU Med to CU Innovations including the billing workflow after agreements are executed.