Fiduciary Duties at Healthcare Entities
Learn about director and officer fiduciary duties at for-profit and not-for-profit healthcare entities.
Like all corporations, healthcare entities that are incorporated must have a board of directors and officers. And, just like all corporate directors and officers, a healthcare corporation’s directors and officers owe fiduciary duties to the corporation.
The specifics of these duties are covered in more detail in the Business Associations course. However, generally, the two primary fiduciary duties owed by all corporate directors and officers are the duty of care and the duty of loyalty. In...