Review your lectures. Then:
- 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?
Read more on “Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance”
Read more on “Physicians on Hospital Boards: Time for New Approaches“
As in all assignments, cite your sources in your work and provide references for the citations in APA format.
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. doi:http://dx.doi.org.southuniversity.libproxy.edmc.edu/10.1108/09513571011065871
Your initial posting should be addressed at 300-500 words.
commenting on at least two of your classmates’ responses