An overall trend that needs to be altered is the fact that the patients that I have spoken with feel that the pharmaceutical and insurance companies have excessive amounts of power that causes their physicians to act in the pharmacy and insurance carriers’ best interest instead of the patient. a. Oncology center The main concern of trends for oncology practices
Retrieved 9 11, 2015, from http://search.proquest.com/docview/1428651692?accountid=458 Martocchio, J. J. (2009). Strategic compensation: A human resource management approach (5th ed. ).Upper Saddle River, NJ: Prentice Hall. Seaman, S., Krismann, C., & Hamilton, F. A.
The administrator must weigh the decision of acting as a financial advocate and refusing the patient, or providing care at a monetary loss. This conflict can often times be overwhelming and lead to a decrease in productivity. Finding balance is key to the members of the administrative group. Adminstrators are required to be disciplined, yet compassionate, so administrators need to determine which ares require strict discipline, and which require compassion. This group should allocate some funds for those who cannot pay, that way they are able to treat patients without incurring financial loss.
Jerry was accused of a medical malpractice because of prescribing a refill without the authorization of a physician. There were many legal and ethical issues that affected the decision Jerry made in ordering the prescription refill, and the knowledge of right and wrong deterred Jerry from deciding to refill the prescription. There are several methods and types of values at hand that Jerry could have used to help him make an ethical decision. Determining the appropriate course to take when faced with a difficult ethical dilemma can be a challenge, but it is always important to engage in a carefully considered ethical decision-making. Everyday health care workers around the world are faced with tough decisions.
Because of tough competition, hospitals are investing heavily in new technologies to attract new patients. Reduced Medicare reimbursements and expenditures on the new techmologies significantly affect hospitals bottom line. It is imperative to understand the financial structure and financial management strategies to ensure fullest utilization of the available financial resources. Both Investors-owned and not-for-profit hospitals have several common elements of organizational structure, but vary significantly on financial structures. Government health care organizations such as Centers for Disease Control and Prevention (CDC) have unique financial structure and financial management strategies to comply with the organizational objectives.
Consumer-Driven Health Care: Answer to Global Competition or Threat to Social Justice? Social Work; Oct2009, Vol. 54 Issue 4, p307-315, 9p Song, P.H., & Smith, D.G.(2007). Financial Preconditions for Successful Community Initiatives for the Uninsured. Journal of Healthcare Management; Nov/Dec2007, Vol.
Healthcare: Plato’s View Versus Modern Western Society People in today’s society have an immense number of expectations in regards to their quality of life. Perhaps the most prevalent is the expectation to the healthcare they choose. On the surface, it seems pretty clear cut. After all, why shouldn’t the individual patient be allowed to make choices that directly, or even indirectly, effect their general health? The waters become murky, however, when one takes into account the amount of resources allocated to providing some services or procedures to certain patients.
Yet another human factor affecting healthcare are today’s customers themselves. their reaction to a new initiative is often based information which they glean from a variety of sources which are out of the innovator’s direct control. Policy is an obvious force in healthcare innovation and can be identified as a common barrier to its growth. The risks of healthcare initiatives gone wrong understandably encourages policy makers to limit the amount of innovation that they are willing to allow for. While technology is clearly force that has driven healthcare forward, the competition that it generates
Health Affairs, 30(7), 1232-41. Retrieved from http://search.proquest.com/docview/880104505?accountid=32521 Johnston, S. (n.d.). To Cover Medical Bills, the Uninsured Get Creative - US News and World Report. Business News and Financial News - US News Business. Retrieved March 19, 2013, from
The Importance of Accountability Accountability is very important in the healthcare industry. An organization cannot function properly without this feature unless they plan to be unsuccessful and employees need to be accountable for their actions. Accountability is very important to the healthcare industry because in order for an organization to succeed, it takes employees being responsible for their own actions (Darby, M). If employees do not take control of how they behave or become responsible for their own actions it can cost an organization thousands or millions of dollars or go bankrupt. When a physician does an excellent job, and saves a life they are accountable.