Session Overview
Healthcare organizations have transformed dramatically over the past generation. Governance has evolved as well—but not always at the same pace.
Today's boards oversee organizations that are larger, more interconnected, and more complex than ever before. Whether governing an independent community hospital or a multi-state health system, trustees are responsible for enterprise strategy, capital allocation, quality, workforce sustainability, artificial intelligence, cybersecurity, philanthropy, community benefit, and public trust. Governance structures have become more layered, authority more distributed, and board responsibilities more interconnected than ever before.
For more than 40 years, The Governance Institute has partnered with healthcare boards through governance assessment, benchmarking, and board development. As those four decades of governance insight were examined alongside the changing healthcare landscape, one conclusion became increasingly clear: healthcare organizations have transformed faster than many of the governance models designed to oversee them. Boards continue to evolve—but often at a different pace than the organizations they govern.
The conclusion, however, is not that every board should look the same. Every organization faces a unique combination of strategy, structure, scale, complexity, and pace of change. Effective governance today depends not on adopting a single model of best practice, but on ensuring the board's capabilities evolve alongside the organization it serves.
That insight sits at the heart of this opening keynote. Guided by The Governance Institute's Blue Ribbon Committee and Executive Reactor Panel, this session will explore how healthcare governance has changed, why long-held assumptions about board effectiveness deserve to be challenged, and what distinguishes boards that continue to evolve from those that struggle to keep pace.
Participants will receive an early look at the thinking behind The Governance Institute's next-generation board assessment and the governance framework that informed its redesign. Together, the panel will examine the board we've become—and the board healthcare now requires.
Attendees will leave with a practical framework for evaluating board readiness, strengthening governance fluency, navigating governance transitions, and preparing their boards for the decisions that lie ahead.
Learning Objectives:
At the conclusion of this session, healthcare team/learners will be able to:
- Describe how the evolution of healthcare organizations has reshaped board responsibilities, governance structures, and strategic oversight.
- Evaluate where their board's governance capabilities align—or no longer align—with the complexity and needs of the organization it serves.
- Apply practical strategies to strengthen governance fluency, navigate governance transitions, and prepare their boards for emerging governance challenges.
Who should attend?
Board Chairs, Board Members, Healthcare Executives, and Physician and Nurse Leaders
Meet the presenters

Rulon Stacey, Ph.D., FACHE
Chair
Gillette Children's Specialty Hospital, St. Paul, Minnesota
Former Chair- Board of Governors
American College of Healthcare Executives
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Steve Smoot
EVP and President, North Carolina and Georgia Division
Advocate Health
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Kaley Childs Karaffa, Esq.
AVP, Head of Board Advisory, Americas
Nasdaq
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When
September 21, 2026
9:00-10:00 AM MST
Questions
The Governance Institute
877-712-8778
