What is the role of governance in healthcare and why is it important? Do you think that a board of directors is a necessary component of governance in a managed care organization? Why or why not?
Ans) Governance refers to the processes and structures used to direct and manage an organization's operations and activities.
Role of governance in health care:
- It defines the division of power and establishes mechanisms to achieve accountability among stakeholders, the board of directors and management.
- Organizations strategically use health information in all kinds of ways, including to improve operational efficiency, reduce costs, or enhance the safety and quality of patient care. So to understand why data governance in healthcare is important, it must think of health data as a strategic asset.
The board is responsible for the overall governance, management and strategic direction of the organisation and for delivering accountable corporate performance in accordance with the organisation's goals and objectives.
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