Financial oversight of the hospital or health system often is viewed as the main function of the organization’s governing board. The fiduciary duty is one of the core responsibilities of trustees. However, health care board members are in a unique position as health care finances are vastly different than many industries.
Texas Healthcare Trustees wants all health care board members to be prepared to lead. We encourage board members to utilize the financial resources available through THT and the Texas Hospital Associations to increase health care knowledge in order to best serve their organization.
A New Era: Understanding the Shift to Value-Based Payments
Thanks to a collaboration with Clifton Larson Allen a new resource is available discussing financial implications, strategic considerations and emerging definitions of value in order to help make the shift into the new era of the care delivery system.
Additional finance and reimbursement resources:
More financial resources are also available on the THA website.