In modern day‚ health care professionals are often faced with medical decisions that affect clients seeking treatment. They are faced with situations on whether to continue care‚ determining the direction of care‚ and even deciding whom they should treat. Often‚ these decisions present an ethical dilemma. According to McConnell (2014)‚ the features of a moral dilemma consist of a situation where the $$$$agent is required to do each of two (or more) actions; the agent can do each of the actions;
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Collaborative Practice in Health Care Collaborative practice in health care occurs when a member of the health care team consults with another member to provide patient care. Collaboration most often occurs between doctors and nurses. "Collaboration is defined as a relationship of interdependence; the ability to work together involves trust and respect not only of each other but of the work and perspectives each contributes to the care of the patient" (Phipps and Schaag‚ 1995‚ p. 19). Effective
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Reporting Practices and Ethics Paper Jackie Melendez HCS/405 Aug 1st‚ 2011 Donna Nanovski Reporting Practices and Ethics Paper Managers who are managing health care organizations must be attentive to the accounting practices and must obey and practice the financial management procedures to be able to solve any issues if any should arise. With the continuation of the high costs of health care managers as well as consumers must know how to budget carefully. According to All Business
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Reporting Practices and Ethics Paper Alyssa Noriega HCS/405 12/10/2012 Dr. Vernita Davis Whether we want to believe it or not‚ finance is one of‚ if not‚ the important factors in running a successful healthcare organization. In order for it to be successful‚ the four elements of financial management should be executed in its entirety. These four components are controlling‚ planning‚ organizing‚ and decision making. When in the planning stage‚ it is essential to set goals
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Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? One of the factors that explain the difference between Microsoft’s market value of equity and its reported book value of equity is the lack of effectiveness to record certain intangible assets such as stock of knowledge (i.e.‚ human capital) customer loyalty‚ and brand value. These former intangible assets mentioned
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most cases‚ are not liked by organisations and professionals concerned. The latter rather detest the regulatory bodies with enough biting power. So‚ it is quite natural on the part of the accounting professionals to oppose the formation of the Financial Reporting Council (FRC) through an act of parliament. The Institute of Chartered Accountants‚ Bangladesh (ICAB) has been opposing tooth and nail the move to set up the FRC on the plea that the institute remains an effective oversight body for the accounting
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In the health field of today’s society‚ working staff should seek to promote good actions and the health of the patients and community around them. The ethical principle of beneficence promotes the health and general well being of others (Ivanov et. al‚ 2013). Ethical principles stem from morality‚ and these moral views can be applied to any field of work. Ethical principles are particularly salient to the health field‚ which upholds the care of patients. For instance‚ when a person experiencing
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Johnna HCS/405 Health Care Financial Accounting Instructor: Donna Pearson “Concern about the growth of healthcare a cost is widespread and continuing increases in hospital cost per day are a significant component of this concern” (2009). In this paper it shows an example of how healthcare cost is constantly increasing and what the hospitals have to do to keep up with the increase of costs. This paper is a simulation paper that analyzes financial indicators for decision making
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Greece Culture Families are very important in Greece. Elders are highly respected‚ and children care for their elderly parents. Children are disciplined firmly‚ but parents (even those who are poor) spend a great deal of their income on feeding‚ clothing and educating their children. Men consider it a personal honor and responsibility to care for their family. In Greece‚ when they meet or greet people they shake hands with everyone – men‚ women‚ and even children at a business or
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Reporting Practices and Ethics Paper Reporting Practices and Ethics Paper Crystal C. Chaney Axia University of Phoenix Instructor: Sandra DiPetro HCS 405 Health Care Financial Accounting Abstract There are many reasons as to why reporting practices and ethical standards are of the upmost importance in healthcare and in any business. The types of generally accepted accounting principles; to the corporate compliance‚ ethics‚ fraud‚ and abuse are all important
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