Fiduciary Duties
Fiduciary DutiesTrustee Roles and Responsibilities of Not-for-Profit OrganizationsMaking a distinction between management and trustees is essential to the success of all leadersBy Lee Scheinbart, M.D.
Fiduciary Duties
Fiduciary Responsibilities of Hospital Trustees
Key areas of financial oversight to consider
By Glenn Jensen and Kathleen Cahill Slaught
Increasingly, hospitals and health systems, along with the individuals serving on their committees and governing boards, are seeing t
These are exciting and challenging times for board members of not-for-profit health care organizations. The main driver of this state of affairs is a field-wide transformation that promises to result in better quality, higher value, and population health improvement. Most board members see this as…
The organization’s most important stakeholders have been identified/specified. A descriptive/analytic profile has been prepared for each key stakeholder. The interests (needs/wants, expectations and organizational success criteria)
of each stakeholder have been documented.
This Conflicts of Interest and Documentation Policy (“Policy”) applies to all directors and officers of ....
Boards that want to improve their approach to conflicts of interest and independence management do the following...