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The five major positions held in hospital governance are the Board of Management and Trustees, the Chief Executive Officer, the Chief Medical Officer, the Chief Financial Office and the Clinical Team Leaders.
Foremost, the Board of Management and Trustees is charged with ensuring the overall quality of strategy and corporate governance in hospitals. The Board governs and oversees the operation of the hospital, and ensures that all its stakeholders’ interests are met and balanced to the best possible extent.[1] The board also serves to plan and approve the overall corporate strategy of the hospital, and ensures that the strategic plans of the hospital ensure the continued sustainability and profitability of the hospital, while it continues to perform its fiduciary duties to its stakeholders.[2] The Board of Management and Trustees is XXXX XXXXXXXXXXX for XXXXXXXX XXXXXXXXXXXX and accountability in XXX XXXXXXXX’s XXXXXXXXX governance structure, XXX in XXXXXXXXXX XXXXXXX XXXXXXX XX XXX XXXXXXXX’s X-Suite team to steward XXX hospital’s XXXXXXXX execution and XXXXXXXXXX. Finally, the XXXXX of XXXXXXXXXX XXXX XXXXX XXXXXXXX and principles for other stakeholders XX XXXXXXX XXXXX XXXXXX.
XXXXXXXX, the Chief Executive XXXXXXX XX responsible for XXXXXXXXXXXXXXXX XXX XXXXXXXX’s XXXXXXXXX strategy, XXX XXX managing XXX XXX-to-day operations of the XXXXXXXX.[X] The XXXXX Executive Officer XX XXXXXXXXXXX to XXX other stakeholders XX XXX hospital, such XX XXX XXXXXXXX, XXX XXXXXXXXX companies, the healthcare practitioners, the XXXXXXX, the XXXXXXXXXXXXXX companies and XXX board of management, XXX XXXXXXXXXXXXXXX the XXXXXXX stakeholder XXXXXXXXX XX XXXXXX XXXX XXX XXXXXXXX runs XXXXXXXXXXX.
span class="XXXXX-converted-space"&XX; XXX XXXXX Medical Officer is also responsible XXX XXXXXXXXXXXXXXXX XXX XXXXXXXX’s XXXXXXXXXX XXX R&D XXXXXXXXXX, as XXXX XX XXXXXXXXXX any XXXXX XXXXXXXX surrounding those XXXXX.
Fourthly, XXX Chief XXXXXXXXX XXXXXXX is responsible XXX XXXXXXXX XXX XXXXXXXXX health XXX XXXXXX sustainability XX the XXXXXXXX. This XXXXXXXX ensuring that XXX XXXXXXXXXX and finance XXXXXXXXXXX XXX adequately managed and XXXXXXX, XXX XXXX the hospital is within budget (if a XXXXXX or nonprofit XXXXXXXX), or profitable (XX a XXXXXXX XXXXXXXX). The XXXXX XXXXXXXXX Officer XXXX XXXXXXXX XXX XXXXXX XXXXXXXXXX XXXXXXX XX the XXXXXXXX, XX XXXXXX XXXX each department has XXX necessary XXXXXXXXX XX execute its function effectively.
XXXXXXX, XXX XXXXXXXX XXXX leaders are responsible XXX XXXXXXXX out the hospital’s day-XX-XXX XXXXXXXX XXX operations, such inpatient care, outpatient care, XXXXXXXXX XXXXXXXX, XXXXXXXXX XXXXXXXX, XXXXXXXX XXX surgery.[X] XXX clinical XXXX leaders XXX also responsible for ensuring that the healthcare providers of the XXXXXXXX adhere to XXXXXXXX XXXXXXXXX XX clinical care, and XXXX the XXXXXXXXXX XXXXXXXXXXXXX of XXX hospital XXXXX out their XXXXXXXXX XXXX XX their patients on the ground.
In XXXXXXXXXX, hospital XXXXXXXXXX is comprised of a XXXXXX of XXX positions, all of XXXXX XXX XXXXXXXXX to be XXXXXXXXXXX XXXXXXXX in order to ensure that a XXXXXXXX XX run smoothly and XXXXXXXXX.
Endnotes
[1] Fottler, XXXXX X., XXXX X. Blair, XXXXX T. Savage, XXXXXXX X. Whitehead, and Michael X. XXXX. "Assessing key stakeholders: XXX XXXXXXX XX XXXXXXXXX XXX XXX?." Hospital & XXXXXX XXXXXXXX Administration 34, XX. 4 (XXXX): XXX-XXX.
[2] XXXXXXXX, XXXXX A., R. XXXXXXXX XXX Horn, XXX XXXXXX J. Wedig. "Board XXXXXXXXXXX XXX nonprofit conduct: XXXXXXXX XXXX hospitals." XXXXXXX of XXXXXXXX Behavior & XXXXXXXXXXXX 76, no. 2 (XXXX): XXX-XXX.
[X] Alexander, XXXXXXX A., XXXX L. Fennell, XXX Michael T. XXXXXXX. "Leadership instability in hospitals: The influence XX board-CEO XXXXXXXXX XXX organizational XXXXXX XXX XXXXXXX." Administrative XXXXXXX XXXXXXXXX (XXXX): 74-99.
[4] Preyra, XXXXX, and George XXXX. "XXXXXXXXX XXXXXXXXXX in the XXXXXXXXXXXX XXXXXXXXX XX nonprofit XXXXXXXX XXXX." Journal of XXXXXX Economics XX, no. X (XXXX): XXX-525.
[5] XXXXXXXX, David, XXXXX Goel, Peter X. Singer, XXX Douglas K. Martin. "Leadership XXX priority XXXXXXX: the perspective XX hospital CEOs." Health XXXXXX 79, XX. X (2006): 24-XX.
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XXXXXXXXX, XXXXXXX X., XXXX L. Fennell, and XXXXXXX T. Halpern. "XXXXXXXXXX XXXXXXXXXXX in hospitals: XXX influence XX XXXXX-CEO XXXXXXXXX and XXXXXXXXXXXXXX XXXXXX and XXXXXXX." Administrative XXXXXXX Quarterly (XXXX): 74-99.
Fottler, XXXXX D., John D. Blair, Grant X. Savage, Carlton J. Whitehead, and XXXXXXX D. XXXX. "Assessing key stakeholders: XXX XXXXXXX to hospitals and why?." Hospital & Health Services Administration 34, XX. 4 (1989): 525-547.
XXXXXXXX, James X., X. Lawrence XXX Horn, XXX XXXXXX X. Wedig. "XXXXX composition and nonprofit conduct: Evidence XXXX hospitals." XXXXXXX of Economic XXXXXXXX & Organization 76, XX. 2 (2010): XXX-XXX.
Reeleder, David, Vivek XXXX, Peter X. Singer, and XXXXXXX X. Martin. "Leadership XXX XXXXXXXX setting: XXX perspective of XXXXXXXX CEOs." Health Policy 79, no. X (2006): 24-XX.
XXXXXX, Colin, XXX George XXXX. "Balancing XXXXXXXXXX in the XXXXXXXXXXXX XXXXXXXXX XX nonprofit XXXXXXXX CEOs." Journal of XXXXXX XXXXXXXXX 20, XX. 4 (2001): XXX-XXX.
XXXX-XXXXXXXX, XXXXX, XXXXX XXXXXX Plowman, XXX Reuben R. McDaniel XX. "Hospital XXXXXX XXX hospital XXXXXXXXX XXXXX: the XXXXXX XX board involvement in strategic XXXXXXXX making." XXXXXX XXXX XXXXXXXXXX review XX, XX. 2 (XXXX): 145-XXX.
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