Here's How Pugh and Other Board Members Profited from UMMS Contracts
In vivid and often excruciating detail, an outside review of contracting practices at the University of Maryland Medical System has confirmed that members of the UMMS board were involved in financial deals with the large hospital chain that didn’t follow the system’s own policies.
On Wednesday, the medical system released a report from Nygren Consulting, a Santa Barbara, Calif.-based corporate governance firm it retained amid the uproar that followed the disclosure that former Baltimore mayor Catherine E. Pugh (D), until March an UMMS board member, had a lucrative deal to sell self-published children’s books to the sprawling health care provider.
“Our review revealed multiple occasions where transactions involving UMMS Board members were not fully vetted by the Board of Directors before being executed by management,” the consultants wrote in their report.
“In some cases, these transactions did not appear to have been presented to the Board or an appropriate committee of the Board, despite requirements in existing UMMS policies.”
Read more: https://www.marylandmatters.org/2019/06/13/heres-how-pugh-and-other-board-members-profited-from-umms-contracts/