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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.
The Pathway Back to the Board Room
With careful assessment, health care boards may consider a return to the board room in 2021.
Becoming a First-Rate Board
Trustee Articles
Fulfilling duties includes actively engaging in practices that promote good governance. A review of best practices enables the board to reflect on opportunities for improvement.
Today's Provider-Sponsored Health Plans: What Boards Need to Know
Trustee Articles
With the recent rounds of health insurance company merger and acquisition activity, many hospital executives and their boards may be wondering if a provider-owned plan might make sense for them.
Active Board Succession
Trustee Articles
A decade ago, BoardSource, an organization supporting nonprofit boards, developed a well known list of aspirational principles of governance. For us they still ring true: “mission driven,” “ethos of transparency,” “compliance with integrity.”
Competency-Based Succession Planning
Trustee Articles
Even before the Enron scandal, which featured directors who didn’t understand the company’s complex financial transactions, and before the Sarbanes‐Oxley Act required publicly owned corporations to disclose whether their boards include directors with financial expertise, it should have been self‐evident that relevant knowledge and experience are prerequisites for effective governance.
Deliberate Decision-making and the Effective Board
Trustee Articles
High performing boards learn how to make decisions at the right time using the right processes.
Capital Project Success Depends on Strong Board Oversight
Trustee Articles
In 2003, Princeton HealthCare System initiated a highly participative and comprehensive long-range strategic planning process. Among the participants were trustees, donors, physicians, elected officials, influential community members, and patients and their families, as well as administrators and clinical and service staff members.
Recruiting for a Diverse Health Care Board
Adding diverse members to a hospital’s or health system’s board can change the board’s culture for the better.
Developing a Strategic Board
Trustee Articles
With CEO support and opportunities for education, trustees can become better hospital leaders