Do-Nothing Hospital Boards Are Dead
Helping to run a hospital or health system from a board seat has gotten complex over the years. The instability of healthcare brought upon by its unaffordability makes the job of hospital governance both difficult—and difficult to fill.
The cover story for this month's issue of HealthLeaders magazine is a bit of a departure for me. Though I regularly chat with hospital CEOs about business strategy, hospital operations, challenges and healthcare management trends that they're facing, I rarely have occasion to talk with board members—the CEOs' bosses.
It's they who have the often thankless job of approving and advising on strategy, who make difficult capital decisions, and who manage and facilitate communication and understanding between powerful interest groups—such as physicians and nurses.
Hopefully you have had chance to read the story. If not, I encourage you to, and not just because I wrote it. I encourage you to read it because helping to run a hospital or health system from a board seat has gotten much more complex, and finding people with the expertise and time to devote to board work is getting more difficult.
See Also: Building a Better Healthcare Board
Years ago, the most important function of a hospital board was deciding what to serve at the quarterly luncheon. I'm kidding, but there's a reason that was a running joke for so long. Boards didn't have to do much. Often they were political appointees. Little time was spent on oversight. Their second most important task was to rubber stamp what the administration wanted to do.
- CEO Exchange: Preparing for Population Health
- Advocate, NorthShore Deal Would Create 16-Hospital System
- Better HCAHPS Scores Protect Revenue
- 3 Strategies for Retaining Millennial Employees
- Narrow Networks Cut Costs, Not Quality, Economists Say
- Power of price: In South FL and the nation, healthcare costs often are shrouded in secrecy
- Two NY hospitals to offer free hip and knee replacement surgeries for qualifying patients in December
- Hospital mergers may lead to higher prices
- Healthcare data of 1 million NJ patients compromised since 2009
- CEO Exchange: Pressure is On to Partner, Drive Quality