A new way for busy healthcare board members to get informed
Today, healthcare organizations face unprecedented pressures.
Sophisticated consumers demand high-quality care and authentic engagement from their providers. The push for value-based care has thrown the entire healthcare industry into new challenges. And of course, regulatory questions cast long shadows of uncertainty1 over every decision about the future.
To thrive in this environment, healthcare organizations need to become innovative, streamlined, nimble organizations. They need adaptable decision-makers at the helm. And that means they need board members with a strong, intuitive grasp of the healthcare industry.
Governing boards, of course, bring a wide variety of experiences to the table. Each member finds their own way to success, and the unique insights they offer can be invaluable.
However, this also means that board members have not necessarily immersed themselves in issues specific to healthcare. As any healthcare executive would testify, these problems can take a lifetime to master. It may be the world’s most complex business.
The Board Education Gap
In order to get the best possible strategic advice from their boards, most CEOs would agree that it’s important to educate board members on the latest developments in the healthcare sphere, as well as the fundamental principles and importance of high-performing governance.
Speaking to Hospitals and Health Networks magazine2, Dean of the Thomas Jefferson University School of Population Health, David Nash, M.D., takes it one step further: “Boards need competency and education in the field of population health. There needs to be a rigorous plan for ongoing education throughout the year.” In addition, board members need unique skillsets to enable them to accelerate 21st-century capabilities, engaging customers in a digital age while providing top-quality, convenient, value-based care.
The complexity of the industry presents a deeper problem. For someone with limited experience, learning about healthcare can be an imposing challenge. Laymen might have trouble finding a place to start. They don’t have the judgment to decide where to focus their attention, and how to arrange their impromptu educations.
C-Suite Mentorship Can Show the Way
That’s where the executives come in. C-suite leaders can offer guidance and resources. But how should they structure what they show to board members? How can they ensure the quickest possible path to understanding.
Those aren’t easy questions. Thankfully, The Governance Institute can help.
The Governance Institute has built a library of materials for hospital and health system boards, physicians, and senior leaders. We’re excited to announce a new addition to our offerings: a suite of e-learning courses.
These courses provide immersive learning experiences, even under a tight schedule. They’re designed to refine board members’ judgments by presenting them with real-world dilemmas. These will test how well board members grasp their fiduciary responsibilities, as well as the emergent problems they’re likely to face in a healthcare system.
Multi-modal delivery helps the lessons stick. Videos, quizzes, polling questions, downloadable takeaways, and a future action plan ensure a deep understanding of the issues at hand. These materials are accessible from any computer or mobile device.
The Governance Institute also provides continuing education credits to those who successfully complete a course.
Here is a demonstration of what the experience looks like:
Your account manager can assist you in selecting the courses most appropriate for your board’s needs. Contact us to help you assemble a custom-built curriculum for your board(s). Or, to learn more about the available e-Learning courses, please click here.
The Governance Institute aims to help you get the most from your boards by building a robust, visionary body of leaders for your healthcare system. If members are informed with a solid understanding of the industry, and alert to the possible problems ahead, they’ll be better equipped to offer strategic advice on the way forward.