Board of Directors (BOD. A group of individuals who are designated to govern the activities and policies of the Contractor related to any scope of the work included in this Agreement. They are responsible for overseeing the organization's operations, ensuring compliance with regulations, and making strategic decisions. The Board usually includes professionals from diverse backgrounds, such as healthcare, business, and law, who bring a range of expertise to the organization. It's essential for the Board of Directors to act in the best interests of the Medicaid program and its beneficiaries, including the financial management of Contractor and avoid any potential conflicts of interest in their capacity to serve on the BOD.
Board of Directors (BOD. The Board of Directors are bound by the same salary replacement and expense reimbursement rules as all other members except for the following areas specific to their role: Board of Directors Honoraria Board members will be reimbursed at the top salary rate for an RN2 for 7.5 (or 8) hours per day when they attend BOD Meetings. In the case where their salary does not match that rate the Union will pay them the difference.
Board of Directors (BOD composition
