The board shall:
(1) Establish and publish minimum standards of perfusion practice in accordance with those developed and accepted by the profession.
(2) Examine for, approve, deny, revoke, suspend, and renew licensure of duly qualified applicants.
(3) Promulgate and publish rules and regulations in accordance with the Administrative Procedure Act for the purpose of administering the provisions of this Part, including procedures for the issuance and renewal of licenses.
(4) Conduct hearings on charges calling for the denial, suspension, revocation, or refusal to renew a license.