Who Will Lead Health Conversion Foundations?

Guest post by Marvene M. Eastham, Witt/Kieffer Senior Vice President

As nonprofit hospitals and health systems struggle to maintain access to capital to reinvest in their organizations, they may turn to acquisition by for-profit healthcare organizations. In theory it is a win-win: the for-profit expands its reach and gains access to a larger market share, which is attractive to shareholders, while the former nonprofit pays debts and has ready access to capital in…

Sustainable Sports Foundations: Lessons from Livestrong and Lance

The bigger they are, the harder they fall. In the world of sports foundations, they don’t get any bigger than Lance Armstrong, and thus the recent “epic” and unfortunate downfall of the American sports icon would seem to spell doom for the Livestrong foundation that he started and spearheaded for more than a decade.

But that hasn’t been the case at all, notes Greg Santore, Vice President…

For Hospital Board Succession Planning, Creativity Counts

Even the best hospital and health system boards are challenged to find new members. While traditional skills such as accounting and finance are still highly valued, boards increasingly need individuals who understand, for example, population health, evidence-based medicine, and even information technology and social media.

“Board members with proven clinical experience in quality measurement and performance improvement are especially prized,” Jim Gauss writes on Boardmember.com. “As the healthcare landscape and its financial incentives are transformed,…

Sports Foundations: How to Stay Strong after the Glory Days

Professional athletes are often viewed as the ultimate fundraisers. Even long after their playing careers, they can leverage their fame and team affiliations to help charitable organizations bring in the donations that are their lifeblood.

Not surprisingly, many of these same athletes choose to start their own charitable foundations. But success on the field or court doesn’t always translate into philanthropic success. As great of an athlete as Michael Jordan was, for instance, his charitable foundations have had their ups…

Not-for-Profit Healthcare Lures Top Candidates with Support for Relocation

Guest post by Elaina Spitaels Genser

One ripple effect of a tough economic climate is that organizations struggle to land top candidates when selling a residence and relocating to a new community are issues. In response, hiring organizations are becoming more creative offering relocation benefits to for C-suite and vice presidential candidates. Here are some relocation options that have been used successfully by not-for-profit healthcare organizations: