Sat, Dec 20, 2014
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Exam Knowledge Areas
Board meeting frequency
Thu, 18 Dec 2014 01:59:29 Z
I want to give my experience and perspective on the frequency of board meetings. Chapter 2 of Practical Governance, The CEO’s Role, states that board should not meet more than 6 times annually. I’m currently serving in my third organization as the CEO. All 3 have been rural not for profit hospitals with nursing homes and clinics (2 Sole Community and 1 Critical Access).&...
Accruel Accounting and System changes
Wed, 17 Dec 2014 14:44:28 Z
I wanted to get perspective on how others view accruel accounting as continuing to meet the changes in our health care system with the shift to value-based care, bundle payments and capitations? Should a new system in accounting be created? is accounting falling behind?
Tue, 16 Dec 2014 21:05:35 Z
Need assistance understanding accumulated depreciation and how it relates to the statement of operations.
Tue, 16 Dec 2014 19:01:36 Z
On page 447, the book says," Significant efforts must be made to ensure that third parties and individuals pay promptly and fully." Makes sense. What are some good examples of "significant efforts" for individuals and third parties? For individuals, you have the basic formula of bill, second bill, nth bill, and then collection agency. What are the best practic...
Board Selection and Board Member Terms
Mon, 15 Dec 2014 23:58:21 Z
I recently attended a seminar thatt reviewed healthcare boards and expectations of members. There seems to be quite a bit of debate and differing opinions as to whether terms should be limited or continue indefinitely. It would be interesting to compare the management and success of organizations who have term limits compared to those who do not. Both approaches have pros an...
Merit Based Performance Management
Mon, 15 Dec 2014 23:44:42 Z
Similar to Jennifer Hallatt's post, I think it would be interesting to actually see the percentage of healhcare orgnaizations that link performance management to merit increases and then compare results. My organization moved to a performance evaluation system using this approach several year's ago and results seem to be mixed depending on area and leadership. However, the over...
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