Effective boards work to compose a board structure that meets the needs of the work they need to do and also aligns with the organization’s mission and vision. While working on board composition, boards need to assess their existing skills…
A board resolution is sometimes also called a corporate resolution. It’s a formal document that solidifies in writing important decisions that boards of directors make. Boards usually write up board resolutions when they appoint new directors to the board. Resolutions…
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…
The simple fact that Snopes exists tells us much about the world in which we live, work, and fundraise. A dominant fact-checking resource, Snopes was referenced under a recent Facebook post by a friend to debunk an online myth. A…
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…
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