The Governance Institute Releases 2021 National Survey of Healthcare Governance
December 10 2021 - 4:37PM
U.S. healthcare boards are showing small gains in diversity, but
the pandemic has hindered boards’ ability to focus on future
direction, according to a new report from The Governance Institute,
a service of NRC Health.
The Governance Institute’s 2021 survey of U.S. hospitals and
health systems, Advancing Governance for a New Future of
Healthcare, continues a longitudinal assessment of how board
structure, culture, and practices reflect the industry’s movement
toward value-based care. The report includes analysis of how
systems structure their allocation of responsibilities with their
subsidiary boards, how board structure and culture correlate with
board practices and overall performance, and how the coronavirus
pandemic has influenced governance trends. The Governance Institute
conducts a survey of this scope every two years, and this year’s
report compares findings from over a decade of data. “The report
focuses on the state-of-the-art in governance, and by comparing
these results with their own board’s performance, a leader can
determine the extent to which these practices have been
integrated,” said Kathryn Peisert, The Governance Institute’s
managing editor. “The objective is to have your board achieve its
highest level of performance—because we know of no hospital or
health system that can achieve high performance without great
governance.”
The survey results help boards and executives focus on areas for
improvement in governance.
Key findings include:
- There was overwhelming agreement that boards and their CEOs
were well prepared to deal with the coronavirus pandemic and did a
good job leading organizations through the crisis.
- Despite the fact that prior research has shown that
higher-performing boards spend a majority of their time in active
deliberation, discussion, and debate about the strategic priorities
of their organizations, this year’s report shows a decline in the
amount of time boards spent in this manner between 2019 and
2021.
- The following specific items were found to have significance
regarding board performance in this year’s report:
- Boards with term limits are more likely to cite excellent
performance.
- Boards whose quality committees meet more frequently show
higher adoption of quality-oversight best practices, which in turn
directly impacts these boards’ effectiveness in overseeing and
improving quality.
- Among health systems, those that have wide understanding and
clarity on the assignment of governance responsibility across
boards in the system are more likely to cite excellent
performance.
Overall, this year’s report shows that boards are slowly
improving their structures, cultures, and performance in most
areas, but this movement is too slow to allow boards to make much
impact on their organizations during a time of rapid change.
For more information, visit a special interactive page
highlighting key trends and results here. About The
Governance InstituteAdvancing Governance for a New Future
of Healthcare is the latest release of The Governance Institute’s
surveys of hospitals and health systems. The Governance Institute
provides essential governance knowledge and solutions to the CEOs
and boards of more than 1,000 member non-profit hospitals and
healthcare systems in the U.S. The Governance Institute conducts
research studies, tracks healthcare industry trends, and showcases
the best practices of America’s leading healthcare boards. For more
information, write to info@governanceinstitute.com or visit
GovernanceInstitute.com.About NRC HealthFor 40
years, NRC Health (NASDAQ: NRC) has been committed to achieving
Human Understanding and bringing healthcare organizations closer to
their customers than ever before by illuminating and improving the
key moments that define an experience and build trust. Guided by
its uniquely empathic heritage, proprietary methods, skilled
associates, and holistic approach, NRC Health helps its customers
design experiences that exceed expectations, inspire loyalty, and
improve well-being among patients, residents, physicians, nurses,
and staff. For more information, write to info@nrchealth.com,
or visit www.nrchealth.com.
Press Contact:Jennifer LyleBarokas, a FINN
Partners Company nrchealth@finnpartners.com
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