3 Review(s)

The guide for decision makers, a how-to-do-it manual for everynonprofit hospital director in America. Our country's health carewill be much improved if directors buy and read this book. ?Phillip L. Isenberg, of counsel with the firm of Hyde, Miller,Owen & Trost, former California State Assemblyman and author ofCalifornia's law regulating the sale or joint venturing ofnonprofit hospitals with for-profits Health Care Alliances and Conversions provides nonprofit directors,trustees, and executives with practical advice for understandingthe numerous forms of conversions including the most controversialtype of transactions?joint ventures with for-profit chains. Inconcise and non-legal language, the authors explain directors'fiduciary duties in these complex conversion transactions. The bookclarifies nonprofit directors' and trustees' responsibilities tothe communities they serve and offers solid recommAndations on howto manage the conversion process without damaging reputations. Theauthors describe how to create marketing and valuation strategiesthat will meet the legal standards enforced by governmentregulators. This book is filled with easy-to-understand charts andtables, providing a summary of the legal duties that apply to thesecomplex transactions.