Duties of Budget and Finance Committee:

(a) Develop annual operating and capital budgets for the Plan for approval by the Board
(b) Review and approve any unbudgeted expenditures greater than ($__________)
(c) Review and approve all financial reports for presentation to the Board
(d) Develop professional fee schedules for approval by the Board
(e) Recommend to the Board any action necessary to address budgetary changes or shortfalls.

Duties of Compliance and Ethics Committee:

(a) Develop and oversee compliance plans, including training of faculty and staff, to assure that    billing and collecting comply with all local, state and federal statutes, rules and guidelines
(b) Review compliance reports and make appropriate recommendations to the Board
(c) Review findings of Professional Affairs and Audit Committees and make appropriate recommendations to the Board
(d) Review Departmental guidelines for supervision of residents and documentation standards and make appropriate recommendations to the Board
(e) Make recommendations to the Audit Committee
(f) Develop and oversee ethics policies and compliance with these policies.

Duties of Professional Affairs Committee:

(a) Review and recommend action to Board concerning Membership in the Plan not expressly required by the Bylaws
(b) Develop and oversee a Professional Standards Monitoring Plan and report findings as appropriate to Compliance and Ethics Committee
(c) Develop and oversee a plan that assures appropriate credentialing of all Members of the Plan.

Duties of Audit Committee:

(a) Develop and oversee an annual audit plan, to include audits of any entity contracted for business operations of the Plan
(b) Review audit objectives and reports and recommend corrective action to the Board
(c) Assure implementation of remedial plan or corrective action
(d) Make recommendations to the Professional Affairs and Compliance and Ethics Committees and to the Board as appropriate.

Duties of Chief Residents Advisory Committee:

(a) Review compliance plans and ethics policies to assure that the Committee understands roles of Members of the Plan in supervising residents and in billing and collecting for the Members’ services
(b) Review Professional Standards and Credentialing requirements to assure that the Committee understands expectations of Members of the Plan
(c) Provide liaison between resident staff and Members with the goal of establishing understanding of the Plan requirements as they relate to resident education and care of patients.