Corporate and clinical governance update for health and aged care providers

  • Clinical governance is the set of relationships and responsibilities established by a health/aged care service organisation to ensure good clinical outcomes.
  • An integrated corporate and clinical governance framework means that both corporate and clinical risks are reviewed in a holistic way throughout the framework.
  • A culture of compliance is when everyone in the organisation embeds compliance into their everyday workflow and the foundation and expectations for individual behaviour to comply is set across an organisation.

Young female hand holding elderly female hand

What is corporate governance?

Governance encompasses the system by which an organisation is controlled and operates, and the mechanisms by which it, and its people, are held to account. Ethics, risk management, compliance and administration are all elements of governance.

The OECD defines corporate governance as ‘a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined’.

This article is exclusive to Governance Institute members and subscribers.

To read the full article…

or Become a member