Discussion Post: Health Care Law and Legislation
Dear Students, Not-for-profit healthcare organizations are usually exempt from federal taxation. Tax-exempt status of healthcare corporations is coming under increased scrutiny as they diversify their activities. Governing Boards Duties Include: holding meetings, establishing policies, being financially scrupulous, providing adequate insurance, & paying taxes where required by law.
Task:
o Describe how a corporation derives its authority.
o Explain what is meant by fiduciary responsibility.
o Discuss corporate organization & committee structure.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.