Governing Post-Merger: Every Board, Everywhere, All At Once
As healthcare mergers continue at a rapid pace, many health systems struggle to make sense of the confusing variety of parent and subsidiary boards. Misunderstandings over board and trustee roles lead to mismatched expectations, mistrust, and delays in delivering on systemness. Success depends on implementing a governance model where appropriate authorities are established, and trustees throughout the organization are educated about the nature and importance of their roles.
Session Learning Objectives:
After the session, participants will be able to:
- Understand the range of governance structures, reserved and delegated powers, and best practices in place for different health system and subsidiary boards.
- Characterize the varying roles assigned to system and subsidiary boards under different governance models.
- Describe typical roles of subsidiary boards in areas such as quality, credentialing, and philanthropy, why those roles are important but underappreciated, and special considerations for subsidiary board roles depending on state regulations.
- Identify key learnings from other organizations and boards that have been on the post-merger governing journey.