2021-04-21 OMA Agenda - Board of Trustees
Rationale: While the medical society will need to supplement funding in the beginning, ultimately, it will be Elsevier who funds the journal. The publisher funds the journal via advertisements, with a preference that the contract with the publisher specify that advertisements be consistent with OMA principles and values (e.g., no advertisements for HCG therapies). Other potential sources of revenue include pharma-sponsored supplements. Finally, authors who submit articles pay to have their articles published, which are then available free online. The amount and process of author publication costs is negotiated with the publisher. Given the extraordinary amount of ongoing clinical research in anti-obesity therapeutics, the future is bright regarding the potential marketplace of obesity-related clinical submissions. OMA is in an advantageous position in that it already has high quality scientific clinical content in its Obesity Algorithms that can be transformed into high quality and highly cited clinical review articles – that should continue to undergo periodic updates. Such an advantage should help JOMA achieve a respectable impact factor in short order, and further increase potential income – by enhancing advertisement and author submissions. Having said this, JOMA should be considered less of a generator of income to OMA as an organization, and more of an opportunity for academic outreach to OMA members. Net income ultimately generated to OMA by JOMA might best be re-invested in funding Obesity Algorithm updates, and other funded journal content. Rationale: In the beginning, medical societies are typically allotted an agreed amount of publications free to authors. Over the subsequent years, the number of allotted free publications diminish. At that time, OMA may wish to fund additional publications free to the authors (waived publishing fees). In addition to discounts provided to OMA members for publication, the decision as to which authors will have their submission/publication costs waived should be based upon: o Initial transformation of Adult and Pediatric OMA Obesity Algorithms to JOMA journal articles o Updates to prior Obesity Algorithm content o Proceedings of OMA scientific meetings (including abstracts) o Roundtable and point/counterpoint discussions o Reward to high volume Associate Editors and Editorial Board reviewers o OMA invitations to specific authors to submit specific articles of interest o Fellows of academic institutions who submit articles Recommendation #10. Cost waived publications (i.e., publications not requiring payment by authors) should be prioritized, based upon established criteria.
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