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5 Steps to Move from “Yes Boards” to “Best Boards”
One of the strongest predictors of health system performance is the quality of governance that shapes its response in an unstable environment.
Aligning Strategy and Philanthropy
Given how philanthropy deployment can significantly influence a health care organization’s ability to invest in future opportunities and outcomes, organizations should pursue alignment between strategy and philanthropy.
Aligning Executive Compensation with the New Health Care Paradigm
This monograph offers guidance on proactively considering best practices in executive pay, including the changing role of incentive compensation, good governance practices to mitigate risk and choosing appropriate peer comparison data to support the compensation decision-making process.
Agenda for the Executive Compensation Committee: A Guide for Minimizing Regulatory and Reputational Risk
This article outlines agenda items for the board’s Executive Compensation Committee. It is the first of several that will further explore many of the agenda items discussed below.
5 Competencies for CEOs
In the new era of health care, hospital boards must consider a different kind of leadership style
Accreditation: What Boards Need to Know
Voluntary accreditation is considered to be an important symbol of a hospital’s commitment to high-quality, safe care. Some consumers look for accreditation when choosing a hospital. Many health care professionals believe it is an important indicator of the commitment to quality and safety they are looking for when choosing a place to practice.
Board Legal Fiduciary Duties
All state statutory and case law holds that directors of nonprofit, 501(c)(3), corporations must serve as stakeholder (owner) agents, acting in ways that protect and advance their interests. Legalities aside, this is the foundation of great governance. In order to fulfill this obligation, directors must discharge three legal fiduciary duties: loyalty, care and obedience.
2020 Actions for the Board Compensation Committee
Boards should assess the impact of change on their organization’s executive compensation program and committee practices.
Why Hospitals Should Launch a Fundraising Campaign Now
Philanthropy can serve as the catalyst for hospital and health systems’ transformation.