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?
Merino, B. D., Mayper, A. G., & Tolleson, T. D. (2010). Neoliberalism, deregulation and sarbanes-oxley.Accounting, Auditing & Accountability Journal, 23(6), 774-792. doi:http://dx.doi.org.southuniversity.libproxy.edmc.edu/10.1108/09513571011065871