Many hospices established their single entity corporate structure 40+ years ago and have left it largely untouched. But this too is worth a dust off especially as hospices are expanding into new geographies, new service lines, and affiliating with additional organizations. When done thoughtfully, an expanded corporate organizational chart does not need to cause painful complexity and administrative burdens. In fact, it may allow you to streamline governance, better protect your assets, and create operational efficiencies. Husch Blackwell’s Meg Pekarske and Adam Royal discuss what they are seeing across the country and key considerations when contemplating organizational changes.
Many hospices established their single entity corporate structure 40+ years ago and have left it largely untouched. But this too is worth a dust off especially as hospices are expanding into new geographies, new service lines, and affiliating with additional organizations. When done thoughtfully, an expanded corporate organizational chart does not need to cause painful complexity and administrative burdens. In fact, it may allow you to streamline governance, better protect your assets, and create operational efficiencies. Husch Blackwell’s Meg Pekarske and Adam Royal discuss what they are seeing across the country and key considerations when contemplating organizational changes.