Board of Directors

Friday Feature: Buffet on Management and Boards of Directors

by

I ran across this yesterday in a publication I get called Becker’s Hospital Review. I recall seeing much of the content before and really liking it. It is from famed investor and Chair of Berkshire Hathaway, Warren Buffet. It is content from his letters to Berkshire Hathaway shareholders from years back, 1977 to be exact. … Read more

Blast from the Past – Duties of Boards: An OIG Perspective

by

There are nearly 300 articles/posts on this site and from time to time, I’m going to repost an “oldie but a goodie” that is as applicable now as it was when I originally wrote it.  This is from July of 2009.  This follows well with Tuesday’s piece on OIG initiatives and SNFs…https://wp.me/ptUlY-BJ This seemed to … Read more

Governance and PDPM: What Boards Need to Know

by

I spend a good (ok, large) amount of time working with non-profit and privately held health care, post-acute and seniors housing organizations.  Nearly all of my work is at the C-level and above and frankly, my career as an executive was there as well (25 plus years).  Boards/governance bodies play a key role in the success and/or failure of … Read more

Boards of Directors: Success, Mediocrity and Sometimes, Failure

by

As a follow-up to a recent post on Boards of Directors and corporate governance (http://wp.me/ptUlY-gq), this post addresses how boards promote success, can often drive mediocrity and in some cases prompt organizational failure.  The take-away where success, mediocrity and failure occur isn’t structure, terms or committees rather, a consistent excellence or break-down in terms of … Read more

Boards of Directors: Outside Looking In

by

Over the course of many engagements plus my years as an executive, I’ve addressed and been asked to address, the theme of effective governance, particularly at the Board level.  To bring this topic into full context, one of my many “hats” that I wear (periodically), is as an advisor to graduate and post-graduate students working … Read more

Duties of Boards: An OIG Perspective

by

This seemed to be a natural successor topic to my last post, “Why Quality Matters”; principally arising out of recent press releases from the OIG.  For example, in June the OIG reported that it had recovered $2.4 Billion in fraud, waste and abuse.  In July, an OIG release reported that a Nursing Home Executive was banned … Read more