Week 1 Discussion 2 Governance and Management

In preparing for this discussion, read Chapter 3 of the course text as well as the required document, The Final Rule for the Medicare Shared Savings Program. For your initial post, address the following in the discussion forum:

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·  Describe the roles, functions, and liabilities of the board in a managed care organization.

·  Assess the main differences regarding Governance as well as Leadership and Management Structure between the Medicare Shared Savings Program and a managed care organization.

Your initial post should be at least 300 words. Support your response with a minimum of two credible sources that were published in the last five years.

Guided Response: Select two roles, functions, or liabilities of the board outlined by your peers and describe their importance for a managed care organization. Be sure to support your response by citing at least one credible source to validate your assertions. Respond to at least two of your classmates posts.

Corporate governance does not apply to small businesses”. Do you agree? Explain.Disagree. Corporate governance is important because it can help an organization prevent fraud and scandals, enhance organizational reputation, lower cost of capital, protect investors’ interest and promote investors’ confidence. Hence, having good corporate governance in place ensures that an organization’s managers discharge accountability to stakeholders.

Regardless of its size, each organization/business has stakeholders to whom the management should account. Corporate governance instils policies and rules that determine how an organization is directed and controlled, and thus helps protect stakeholders’interests. Corporate go

In preparing for this discussion, read Chapter 3 of the course text as well as the required document, The Final Rule for the Medicare Shared Savings Program. For your initial post, address the following in the discussion forum:

Guided Response: Select two roles, functions, or liabilities of the board outlined by your peers and describe their importance for a managed care organization. Be