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Corporate Governance
Health care clients' governance functions are now under a microscope.
The stakes are high and the legal issues complex and ever-changing.
Responsive and knowledgeable counsel can be the crucial difference
between having a well-organized, effective and legally compliance
structure or being front page news. Davis Wright Tremaine's attorneys
have extensive experience consulting and advising nonprofit and
for-profit health care clients on the full range of compliance and
policy matters affecting governing boards as well as standing and
special committees.
The corporate governance services we provide to our health care
clients include:
- Board governance processes, including counseling on board composition
and functions, advising on fiduciary responsibility and board
accountability, developing and restating bylaws and charters,
and counseling on relationships between the board and senior management.
- Conflicts of interest, including developing policies and codes
of conduct and assisting clients in complying with and addressing
breaches of those policies and codes.
- Audit committees, including developing audit committee charters
and advising clients on the composition and operation of their
audit committees
- Ad hoc investigative committees, including advising on committee
function and composition, establishing mechanisms to protect attorney-client
communications and attorney work product, and organizing and conducting
factual investigations.
- Exempt organization compliance, including advising with respect
to obtaining and maintaining tax-exempt status and counseling
regarding potential excess benefit transactions under intermediate
sanctions regulations.
- Regulated health care transactions, including providing board
education on significant regulatory and enforcement initiatives
and counseling regarding appropriate safeguards for board inquiry
and action.
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