Articles
Financial Oversight, Care Delivery, Financial Management, Strategic Planning
Total cost of care: Key considerations
By Paul Keckley, Molly Smith - Group Vice President for Public Policy, American Hospital Association
Hospitals and health systems are continuously striving to reduce costs and improve the efficiency of care. It is useful to consider the impact of measuring the “total cost of care” on hospitals and health systems, as well as contemplate what steps health care leaders need to take.
Governance Effectiveness, Leadership, Leadership, Strategic Planning
A boards duty: Ensure a healthy culture
By Paul Keckley
High-profile companies like Wells Fargo, Uber, Equifax, The Weinstein Co., Fox News and many more have recently garnered media attention for their leadership and corporate cultures. And the boards of companies including Whirlpool, CACI International and Citigroup have formed culture committees to surveil the climate in their respective organizations.
Governance Effectiveness
An overlooked source of risk: Culture
By Paul Keckley
Directors and trustees serving health care organizations, whether investor-owned or nonprofit, bear responsibility for their organization’s corporate culture and, with that, enormous risk.
And most feel less than prepared, lacking the information they need. That’s the key finding from a focus group profiled in the July/August issue of The Corporate Board, a bimonthly advisory for directors of publicly traded companies.