Overview
Michael Peregrine cited ongoing consolidation among large, diversified healthcare provider systems as a major governance challenge for their boards. “Charity regulators, bond rating agencies and other interested parties will increasingly look at the composition and record of the board to see if they are commensurate with the level of financial and operational sophistication” needed in such an environment, Mr. Peregrine said, adding that outside groups will also scrutinize boards when analyzing the cause of compliance, financial, operational and quality of care lapses within health systems.
