Class Discussion
- Research several hospitals of your choice and identify how many Board members are on the Board and their length of appointment.
- As Boards are prohibited from managing, discuss the major duty of a Board. By what mechanism does a board understand the status of the hospital financially and operationally?
- What did the Saberness-Oxley Act demand of Boards and why?
- What is D/O (Directors/Officers) insurance and why is it needed?
Resources:
“Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance” https://www.ncbi.nlm.nih.gov/pmc/articles/PMC26723…
“Physicians on Hospital Boards: Time for New Approaches” http://htnys.org/governance/docs/great-boards-phy-…
Sarbanes Oxley101. (2017) Welcome to Sarbanes Oxley 101. Retrieved from:http://www.sarbanes-oxley-101.com
Merino, B. D., Mayper, A. G., & Tolleson, T. D. (2010). Neoliberalism, deregulation and sarbanes-oxley. Accounting, Auditing & Accountability Journal, 23(6), 774-792.
Support your work with other textbook reading. 400 words APA format.