Examples of Legacy Board in a sentence
Such best practice Business Affairs will have specific metrics as developed within a Balanced Scorecard process/format that represent the key Business Affairs operations as regularly reported to the Legacy Board in its monthly board meetings.
All subsequent development and implementation of Legacy Business Affairs policies and procedures will be carried out by the onsite Financial Officer of Legacy retained by the Legacy Board.
Differences which remain unresolved at the conclusion of this process shall be submitted to the Legacy Board for its consideration in making a final decision with respect to the bylaw, rule, regulation, policy, or issue.
If the recommendation of the Medical Executive Committee is favorable to the applicant, it shall transmit its recommendation through the Legacy CEO to the Legacy Board, including the findings and recommendation of the Credentials Committee.
At a minimum, the Legacy Board will implement best practice accounting, purchasing, payroll and audit policies and procedures (collectively "Business Affairs") as lead by the Board Treasurer and the outside advice of the prospective Legacy auditor until they formally become the auditor of Legacy.
The Legacy Board reserves the right to further research and explore all options for fulfilling Legacy Business Affairs on a best long term value basis.
If the Medical Executive Committee concurs with the favorable recommendation, the recommendation shall be forwarded to the committee of the Legacy Board for action.
Exceptions to the board certification requirements can be made by the Legacy Board upon recommendation by the Medical Executive Committee.
In limited circumstances outlined below, this policy may also be amended by the Legacy Board on its own motion provided that any such amendment is first submitted to the Credentials Committee and the Medical Executive Committee for review and comment at least thirty (30) days prior to any final action by the Legacy Board on such amendment.
The President of the Medical Staff shall transmit the request together with a recommendation to the Legacy CEO for action by the Legacy Board.