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Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance
Cardiopulmonary Research Science & Technology Institute / 7777 Forest Lane, C – 742, Dallas, TX 75230, U.S.A.
University of Texas School of Public Health / 6011 Harry Hines Blvd, V8-110, Dallas, TX 75390, U.S.A.
* Author to whom correspondence should be addressed.
Received: 10 November 2008; Accepted: 21 February 2009 / Published: 26 February 2009
Abstract: Increased stake of boards in the leadership of the hospitals makes them play a significant role in the financial health of their institutions. Understanding of the correct approach to successfully fulfill this purpose is critical for preparing their organizations for positioning adequately in the health care market. Governmental agencies and public companies, including insurers, will be interested in the extent to which hospital boards have adopted the provisions of accounting reform laws like those introduced by the Sarbanes-Oxley Act. It will remain for the boards to balance their oversight role for financial performance with the pressures of financial accountability.
Keywords: Hospital and health system boards; governance; performance; marginal profit
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Culica, D.; Prezio, E. Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance. Int. J. Environ. Res. Public Health 2009, 6, 862-873.
Culica D, Prezio E. Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance. International Journal of Environmental Research and Public Health. 2009; 6(3):862-873.
Culica, Dan; Prezio, Elizabeth. 2009. "Hospital Board Infrastructure and Functions: The Role of Governance in Financial Performance." Int. J. Environ. Res. Public Health 6, no. 3: 862-873.