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Understanding the Board of Trustees’ Role
Many organizations, including the American Hospital Association, offer resources and publications on corporate governance.
Improved joint venture performance through enhanced governance
Joint ventures in healthcare are more diverse and complex, involving partnerships with pharma, medical device companies, and research organizations.
Leadership During Mergers and Acquisitions
Mergers and acquisitions are complex and daunting to accomplish, full of intricate legal and financial questions, business-benefit projections and formulas for extracting efficiencies of scale.
IT Dilemmas of the Newly Merged
Snapshot One of the first decisions that merging organizations must make is what to do with legacy information systems, and the answer isn’t always obvious.
Sunk Costs, Contracts and Meaningful Use
The typical hospital's electronic health record system represents a sizable sunk cost on which executive managers normally would want to get a long return on investment.
Board Oversight of Culture for High-Performing Hospitals
An external review of workplace operations produces a Leadership Letter with observations and recommendations for continuous improvement, followed by open discussion among the board, CEO and top management.
Choosing Wisely: Succession Planning for a Down-Sized Board
Several events can lead to a decision to down-size a board. In some cases, the trigger is a merger or an acquisition in which seating all legacy directors would result in a large, unwieldy board or produce an imbalance favoring one of the combining parties. In other cases, a large board simply decides its present size is an impediment to efficient and effective governance.
The Rise of the New Health Companies
Snapshot A handful of high-performing hospital systems are coming together to form unique new entities that offer better, more convenient care at lower cost.