FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder with complete solutions | Latest 2023/2024

FACHE - Governance Practice Exam Questions - From Jet's BOG Study Guide Binder with complete solutions | Latest 2023/2024 The voting rights of "Ex Officio" mbrs is determined by ️ The By-laws 3 Reasons for sanctions to be brought against mbrs of a governing board ️ 1) Unreasonable compensation 2) Revenue based compensation 3) Participation in bargain sales The most effective # of mbrs of a BOD is? ️ 10-15 5 managerial functions of the Board: ️ 1) Appoint a CEO 2) Establish Mission/Vision/Values 3) Approve long range plans and the annual budget 4) Ensure the quality of medical care 5) Monitor performance against plan and budget 3 common board committees ️ 1) Executive 2) Finance 3) Quality 3 Qualities of the Board Chair ️ 1) Mentor others on the board 2) Be decisive and move the board to action 3) Cultivate an effective working relationship w/ the CEO 3 things a CEO should do ️ 1) Be visionary and inspire the board 2) Avoid springing info on the board 3) Communicate effectively and frequently 3 Duties of the BOD ️ 1) The duty of care 2) The duty of loyalty 3) The duty of disclosure