Do for profit hospitals have board of directors?
Do for profit hospitals have board of directors? Types of Governance Structures for Hospitals Hospitals may have a for-profit or a non-profit governing structure. These boards are also considered fiduciary boards. Many hospitals also have an advisory board. Non-profit hospital boards sometimes have a corporate member who has authority over the corporation. What is the role of a hospital governing board? The board of trustees is the governing body of the hospital. They are responsible for developing and reviewing the hospital's overall mission and strategy. The board guides the long-term goals and policies for the hospital by making strategic plans...