Boards and managers don’t agree on everything but they both agree that they need a strategic plan. One thing that they don’t always agree on is how to clarify the role of the board and the role of management in…
After the implementation of ACA, more hospitals and health systems entered into affiliations, acquisitions, membership substitutions, joint ventures, and clinical affiliations. These changes have caused the need to restructure systems. New systems include mega-systems, regional systems, multi-state systems, single state…
Are your board directors getting as much out of onboarding as they should? It’s never too late to ask your board directors about their opinions of their onboarding experiences. Does your board set up a simple orientation and call it…
All board directors have room for improvement. Self-evaluation tools are a great way to assess your board and how it interfaces with the executive director. Typically, boards do self-evaluations annually. It gives them the chance to compare their performances with…
A conflict of interest is signified by someone who has competing interests or loyalties. An individual that has two relationships that might compete with each other for the person’s loyalties is also considered a conflict of interest. Certain situations can…
The internet brought us many new ways to share data. The dangers of the internet quickly became apparent as parents scrambled to protect their children from things that could harm them. Some time later, adults began to learn that the…
In today’s world, healthcare is more complex than ever. That may be at least one reason why fraud has been increasing in this industry. The National Health Care Anti-Fraud Association (NHCAA) reports that financial losses due to fraud run in…
One of the most difficult challenges for today’s boards is tackling cyber threats successfully. The topic of cybersecurity is immensely complex and constantly evolving. A major data breach carries the potential for substantial financial and reputational losses. There are no…
When an executive or board director sends you a message from their personal email account, does that send up a red flag for you? How many times have you simply hit reply or reply all without giving it a second…
There is no legal requirement for nonprofit organizations to have a legal and compliance department; nonetheless, all nonprofit organizations are required to know and follow all state and federal laws that govern them. Not all nonprofits will have sufficient funds…
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