Investment policy, guidelines help providers control risk.
Because the financial markets are volatile, every healthcare organization should establish its own investment policy and guidelines. An investment policy reflects the views of a hospital's board of trustees, and helps the trustees avoid conflict of interest situations. Investment guidelines spell out management's approach to three critical investing components: safety of principal, liquidity, and yield.
D003220:Conflict, Psychological; D004991:Ethics, Institutional; D005376:Financial Management / Q000592:standards*; D005377:Financial Management, Hospital / Q000592:standards*; D006075:Governing Board / Q000592:standards*; D007449:Investments / Q000592:standards*; D011050:Policy Making; D012307:Risk Factors; D014481:United States