Whats the differance between clinical and corporate governace?
Answer:
Clinical governance is the term used in the United Kingdom National Health Service (NHS) and private healthcare system to describe a systematic approach to maintaining and improving the quality of patient care. The most widely cited formal definition describes clinical governance as:
"A framework through which NHS organisations are accountable for continually improving the quality of their services and safeguarding high standards of care by creating an environment in which excellence in clinical care will flourish." (Scally and Donaldson, 1998)
Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way in which a corporation is directed, administered or controlled. Corporate governance also includes the relationships among the many players involved (the stakeholders) and the goals for which the corporation is governed. The principal players are the shareholders, management and the board of directors. Other stakeholders include employees, suppliers, customers, banks and other lenders, regulators, the environment and the community at large.
Corporate governance is a multi-faceted subject. An important theme of corporate governance deals with issues of accountability and fiduciary duty, essentially advocating the implementation of guidelines and mechanisms to ensure good behaviour and protect shareholders. Another key focus is the economic efficiency view, through which the corporate governance system should aim to optimize economic results.
GOOD QUESTION. Clinical governace is when they do not listen, and send you a poll tax bill, and raise your death duty, without ant thought. Corporate governace is when they pay your death duty so you then get double whammy on your poll tax bill.
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