Search Results
The default setting for search results displays All Content. If you prefer to see recent content only, please adjust the date filter.
Filter your results:
Types
Topics
194 Results Found
Linking Incentives to Risk
Trustee Articles
By Steven T. Sullivan
As health care transforms, boards are tying executive compensation to long-term performance
Revisiting Executive Incentive Compensation: A New Challenge
Trustee Articles
Incentive compensation plans are intended to focus executives’ attention on their organizations’ most vital priorities and initiatives. As health care organizations revise their business strategies to address the ongoing transformation of care delivery and payment, health care boards also need to reassess the structure and measures of performance in their executive incentive compensation plans.
Taking Responsibility for Transitions at the Top
Trustee Articles
Succession planning is a high-stakes governance responsibility. The significant costs of protracted CEO searches and failed replacements are well-documented. Yet, data from the for-profit and nonprofit sectors continue to show that many boards aren’t focusing enough attention on succession planning or on getting it right.
Asset Stewardship and the Board's 3 for Understanding and Improving Operational Efficiency
Trustee Articles
Asset stewardship has long been a key board responsibility. As fiduciaries of a health care organization’s assets, governing boards are required to act in the best interest of the organization, ensuring that resources are used in a reasonable, appropriate and legally accountable way to meet community health care needs.
Board Legal Fiduciary Duties
Trustee Articles
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.
Sample Conflicts of Interest and Documentation Form
Board Policies
This Conflicts of Interest and Documentation Policy (“Policy”) applies to all directors and officers of ....
Understanding Quality Scorecards: A Primer for Boards
Trustee Articles
The number of public quality scorecards for hospitals has increased exponentially in recent years as consumers take more interest in getting the most value for their health care dollar.
Is Strategic Planning Getting Adequate Attention in Hospital Boards?
Trustee Articles
As strategic planning becomes a more intense focus for hospital boards, lessons from publicly traded companies may be instructive.
Mission-Based Decision-Making for Boards
Trustee Articles
A reason for being. An organization’s purpose or identity. An expression of what an organization believes it must be to best meet the needs of its stakeholders. These are descriptions of what we commonly think of as “mission.” Members of a health care organization’s board are responsible for governing in ways that help fulfill their organization’s mission. But what does that really mean? How does a hospital’s mission relate to effective governance?