Principles Of Business Principles In Health Care

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There are several business principles related to patient and system costs in health care that are needed to maintain safe, quality, patient-centered care that is fiscally sound. For this discussion, I will put myself in the shoes of a nurse manager, director of nursing, Chief Nursing Officer, or business owner and consider three of the principles from the Greg Fisher Power Point (2008). The principles I will examine are: 1) decide what makes you different; 2) manage employees; and 3) set goals. The reason why I selected these three business principles is that they appear to me to be a good place to start the groundwork for any business model, including the field of health care. Since the Affordable Care Act of 2010, health care will never …show more content…
With everyone having health care coverage and the ability to choose where to go for health care needs, facilities will be competing to gain the trust and respect of the public to be the most often chosen health care provider. An organization that is dedicated to putting patients and their needs first, offers the most current and precise care, focuses on prevention, has strong leadership, and is cost-effective will stand out. A facility that is managing employees in a productive manner and having happy, skilled, and proficient caregivers who provide safe, quality care is a must for achieving the best clinical outcomes. Additionally, being focused, setting achievable goals, and meeting goals is crucial for health care providers to be successful. It helps keep employees engaged, focused on the mission and values of the organization, and contributes to advancing health care as a …show more content…
& O’Neill, O. A. (2016). Manage your emotional culture: Most leaders focus on how employees think and behave – but feelings matter just as much. Harvard Business Review, 94(1-2), 58-66. Retrieved from: https://hbr.org/2016/01/manage-your-emotional-culture
Cleveland Clinic. (2016). http://my.clevelandclinic.org/ .
Fisher, G. (2008). Top 10 basic business principles. Retrieved from: http://www.slideshare.net/GregFish/top10-basic-business-principles
Kobernick, T. (2011). Moving in the right direction: Setting meaningful goals for your biomed staff. Biomedical Instrumentation & Technology, 45(6), 464-465. doi: 10.2345/0899-8205-45.6.464.
Tetteh, H. A. (2011). Kaizen: A process improvement model for the business of health care and perioperative nursing professionals. AORN Journal, 95(1), 104-108. doi:

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