What is a key component of the governance structure of a Not-For-Profit Hospital?

In the governance structure of a Not-For-Profit Hospital, the board of trustees plays a vital role in ensuring that the hospital adheres to its mission of providing high-quality care to the community rather than generating profits. The board's responsibilities often include fundraising activities to support hospital operations and initiatives, as financial sustainability is critical for the services offered.

The board of trustees not only helps secure necessary funds but also oversees the strategic direction and ensures accountability within the organization. Their involvement is essential for community engagement and aligning the hospital's objectives with the needs of the population it serves. This structure highlights the commitment of Not-For-Profit Hospitals to fulfill philanthropic goals and healthcare accessibility rather than financial profits for shareholders or private investors.