Aligning Governance and Business Models to Achieve the Best Fit
By Pamela R. Knecht
According to the American Hospital Association’s annual survey, more than 62 percent of community hospitals across the country are now part of “systems.” Many of those systems comprise multiple hospitals, but others are single hospital care systems. In either case, the traditional acute-care hospital is becoming just one of the entities within a larger system that probably includes primary and specialty care clinics, ambulatory care sites, behavioral health care and post-acute care. In addition, the systems may be employing physicians, developing robust philanthropic organizations, developing entrepreneurial businesses, conducting research and offering medical education.