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The board must have the right information to make effective decisions and the ability to work together as a team. With the right strategy, the hospital's goals can be met.
Benefits of Physicians on Hospital Boards
Physicians in governance bring many benefits to the hospital. The first of these benefits is adding physicians bring a clinical perspective to the board. Physician involvement can improve the quality of strategic planning and capital expansion activities. Physician board members also carry a fiduciary responsibility and gain a greater appreciation for the administrative perspective on financial decisions (Goes, 92)...
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