Value of Governance
A 2012 study of Governance Practices in an Era of Health Care Transformation conducted by AHA’s Center for Healthcare Governance found that work to create greater value is where hospitals and systems in the study— and their governing boards—are spending most of their time. According to study findings, participating organizations “are concentrating on the nuts and bolts of… reducing costs and improving care quality.”
The work is wide-ranging and intensive:
- Reducing variation in medical practice across care settings.
- Understanding the total cost of care and how to get paid for it.
- Applying academic research to care delivery.
- Removing waste.
- Minimizing risk.
- Educating and engaging communities and other stakeholders about the impact of new ways of delivering care.