Corporate governance Essays

Corporate governance Essays Corporate governance Essay Corporate governance Essay Health Care in the United States is a vast industry that has many different types of people involved in the delivery of care. There are stakeholders that affect the daily operations of health care and they are not necessarily in a hospital setting. The Agency for Healthcare Research and Quality, AHRQ, defines a â€Å"stakeholder† as persons or groups who have a vested interest in the clinical decision and the evidence that supports that decision (Effective health care, 2011, p. 1). These stakeholders are making decisions that impact costs, procedures, and the future of their company. Three examples of stakeholders in the health care industry are the board of directors, the executive management team, and lenders and investors. Board of Directors The Board of Directors are individuals who are elected or appointed to jointly oversee the activity of a company, in this case, a hospital. These individuals are at the top of the overall health care industry. They may or may not have any health care experience. The people on the Board of Directors decide on important choices that are designed to make the hospital prosperous and able to deliver health care to the patients who need the specialties offered by the hospital.