Hospital Board of Trustees. The Hospital shall provide to the Union two (2) copies of the Agenda and publicly available documentation to be considered at the monthly meetings of the Board of Trustees as soon as they become available to the public.
Hospital Board of Trustees. As soon as practicable following the Closing, Purchaser will appoint and maintain an advisory Board of Trustees for each Hospital comprised of at least twelve (12) members, including the Hospital’s Chief Executive Officer. With respect to the remaining members, approximately 60% shall be physicians on the Hospital’s medical staff selected by Purchaser and not less than 40% shall be community representatives selected by Purchaser (the “Board of Trustees”). The Board of Trustees members will be appointed for terms of three (3) years on a staggered basis to provide continuity and the composition of the initial Board of Trustees shall be selected by Purchaser in consultation with MHP on or prior to the Closing Date. Initially, the Board of Trustees shall be comprised of the Hospital’s Chief Executive Officer, Chief of the Medical Staff, physicians on the Hospital’s medical staff and members of the community, including members of the existing board of the Hospital. The Board of Trustees shall owe a duty of undivided loyalty and good faith to the Hospital and must avoid conflicts of interest and self-dealing. Subject to applicable legal requirements, the Board of Trustees shall have the following responsibilities: (a) participating in the adoption of a vision, mission and values statement and advising the Chief Executive Officer of the Hospital on both short and long-range planning for the Hospital; (b) advising Purchaser on the performance of the Chief Executive Officer of the Hospital; (c) participating in discussions regarding discontinuing, or substantially reducing in size or scope, any essential service of the Hospital, with Purchaser retaining ultimate decision authority regarding such discontinuation or reduction; (d) providing oversight and input regarding medical staff membership and privileges and, when necessary, taking disciplinary action consistent with the Hospital and Medical Staff Bylaws (with the advice of counsel and with Purchaser reserving ultimate authority for hiring and firing employees); (e) assuring medical staff compliance with Joint Commission requirements (with the advice of counsel); (f) supporting physician recruitment efforts; and (g) fostering community relations and identifying service and educational opportunities. Notwithstanding the foregoing, the Board of Trustees will have no authority with respect to the daily operational matters or the financial matters of Purchaser, the Hospitals or the Healthcare Facilities.
Hospital Board of Trustees. The Hospital shall provide to the Union two (2) copies of the Agenda and publicly available documentation to be considered at the monthly meetings of the Board of Trustees as soon as they become available to the public. Fiscal Advisory Committee A representative designated by the Union or such other number agreed to by the Fiscal Advisory Committee shall be given the opportunity to represent the Bargaining Unit at each of the Fiscal Advisory Committee meetings. There shall be no loss in regular pay for attending such meetings with the Hospital. The Union shall advise the Hospital of the name of its and date of appointment within thirty
Hospital Board of Trustees. The Company will cause the Partnership to form one or more boards of trustees for the Hospitals (the "Board of Trustees") composed of the Hospitals' Chief Executive Officers and equal numbers of physicians on the Hospitals' medical staff and community representatives, all in accordance with Vanguard's policies and procedures and board of trustee bylaws. Subject to applicable laws, regulations and accreditation standards, the Board of Trustees will be responsible for medical staff credentialing, quality assurance and accreditation of the Hospitals. In its advisory capacity, the Board of Trustees shall also review and advise the Board of Directors on management's recommended capital budgets for the Hospitals. The Board of Trustees will be comprised of between five and 15 members appointed for terms of three years on a staggered basis to provide continuity of leadership. Baptist or the Foundation may nominate candidates for 50% of the seats of each Board of Trustees up for selection in each year.
Hospital Board of Trustees. The Partnership shall establish a board of twelve (12) trustees (the "Board of Trustees"). At least seven (7) of the trustees will be residents of the Hospital service area so as to provide local guidance to the policy and direction of the Hospital. The University and UHS shall each appoint six (6) Trustees, provided that no more than four (4) trustees shall be employed by or affiliated with the University and no more than four (4) trustees shall be employed by or affiliated with UHS. No less than four (4) trustees shall be members of the community who are not employed by or affiliated with UHS or the University. The responsibilities of the Board of Trustees shall be (a) establishing and maintaining accreditation and meeting accreditating agency requirements relating to medical staff credentialing, quality assurance, and oversight of Hospital responsibilities, (b) amending the Hospitals medical staff bylaws, rules and regulations, (c) promoting community involvement and community service and (d) advising the Partnership Board regarding Hospital matters. The Bylaws of the Board of Trustees are attached hereto as Exhibit 8.
Hospital Board of Trustees. Following the Closing Buyer will appoint a Board of Trustees for the Hospital composed of the Hospital's Chief Executive Officer and equal numbers of physicians on the Hospital's medical staff and community representatives, all in accordance with Buyer's standard policy. Subject to applicable Legal Requirements, the Board of Trustees will be responsible for medical staff credentialing, quality assurance and accreditation of the Hospital, in accordance with Buyer's model Board of Trustee Bylaws. The Board of Trustees will be comprised of between five and 15 members appointed for terms of three years on a staggered basis to provide continuity of leadership. Prior to Closing, the Parties shall agree on the Persons who will be named by Buyer as the initial Board of Trustees of the Hospital.
Hospital Board of Trustees. Within thirty (30) days after -------------------------- the Closing Date, Buyer shall appoint an advisory board of trustees for the Hospital to be comprised of the Hospital's Chief Executive Officer, physicians on the Hospital's medical staff and community representatives in accordance with standard Health Management Associates ("HMA")
