Define the following key terms: Academic medical center Ad hoc committees Advisory board or committee Budget surplus

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Define the following key terms:

Academic medical center Ad hoc committees Advisory board or committee Budget surplus Charter Community benefit Community hospital Critical access hospital Directors and operators insurance Ex officio committee member For-profit organization Fiduciary responsibility Governance Investor-owned institution Management Nonprofit organization Operating margin Organizational bylaws Public hospital Quaternary care center Senior leadership team Span of control Standing committee Tertiary care center

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