MMHA6400 2020 JUNE Week 11 Discussion Latest

MMHA6400 Healthcare Financial Management and Economics

Week 11 Discussion

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.

By Day 3

Post a cohesive response to the following:

Evaluate whether overstating financials would be a breach of ethics for the organization in the scenario. Why or why not?

Support your response by identifying and explaining key points and/or examples presented in the Learning Resources.

Read a selection of your colleagues' postings. Consider how your colleagues’ postings relate to the information presented in the Learning Resources and to your own posting.

By Day 5

Respond to at least two of your colleagues' postings and continue the Discussion through Day 7. Expand on this Discussion by providing additional insights or alternative perspectives.