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You are currently working as an intern with the CEO of a large health system that includes inpatient facilities and ambulatory services including clinics, emergency room services, and outpatient services.
The organization accepts government payers, commercial payers, managed care, and private pay. The CEO of your organization has asked you to provide an education session for the board of directors on their fiduciary duties.
Using at least 3 professional resources cited in APA format, prepare 6-8 slides not including title page and reference page with 150-200 word speaker notes that you will use to present to the board to explain at least 3 of the fiduciary duties of the board of directors of the health care organization.
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The paper evaluates the three fiduciary duties of the board of directors of the health care organization where several services are provided to the patients such as ambulatory services, impatient services and emergency room services. It also provides a brief explanation of all the three fiduciary duties of the directors to gain knowledge about the duties related to the healthcare organization. Duty of care, duty of loyalty and duty of disclosure are the fiduciary duties of the directors of the healthcare firm which requires them to act in good faith to the interests of the organization and make good decision for the purpose of the firm. The court also apply the business judgement rule to ensure that the duties are met with compliance to laws and regulations.
Finally, the client is asking for a brief note on some of the common risks faced by your company and its key competitors in this industry. Please offer five key risks. Please reference online information sources appropriately using endnotes
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