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Ethics in Health Care Finance As a health care administrator, you will undoubtedly be faced with the responsibility of making decisions that may be impacted by ethics. Sometimes, the best approach to...

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Ethics in Health Care Finance

As a health care administrator, you will undoubtedly be faced with the responsibility of making decisions that may be impacted by ethics. Sometimes, the best approach to a given situation is clear, whereas others require you to carefully consider laws, regulations, and the impact of potential outcomes. How do you ensure you will make the best decision for your health care organization? For this Discussion, you examine the following scenario and consider whether there is a breach of ethics.

Scenario:

An organization is developing a business plan. The intent of the organization is to provide a service for a community in need, but it appears they might have trouble obtaining financing. The board is trying to decide whether to be transparent in their financials or over-predict so they can properly finance their venture.

To prepare for this Discussion:

  • Read the provided scenario.
  • Given the mission of the organization in the scenario, consider whether over-predicting financials would be a breach of ethics.
Answered Same Day Aug 07, 2020

Solution

Reubens answered on Aug 08 2020
157 Votes
Running head: ETHICS IN HEALTH CARE FINANCE                     1
ETHICS IN HEALTH CARE FINANCE                              3
Ethics in Health Care Finance
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Ethics in Health Care Finance
Ethics has to me the key driver for any kind of an organization more so for this organization which is seeking to provide services to people as well as earning public trust from the donors depending on its forces that is driving it to success. On the other hand, the decisions ought to be governed by the principles of ethics.
    The target of the organisation in this scenario is much clear, however, the future of overstating financial the organization’s venture will...
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