The Board's Role in Capital Financing

June 2007
H&HN: Hospitals & Health Networks;Jun2007, Vol. 81 Issue 6, following p42
Trade Publication
The article discusses the role of hospital boards in capital financing. For hospital boards, zealous oversight means taking a hard look at plans for not only accessing, but also spending capital, the author says. The board has to ensure that capital is not just spent wisely, but that spending fulfills the organization's vision and mission. The level of board involvement varies greatly, and is often determined by the scope of the project.


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