Business Principles Of Health Care Essays

893 Words Nov 12th, 2016 4 Pages
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 be the same again (Tetteh, 2011). In order to be a health care provider of choice, a facility needs to stand out and be able to show they are different, innovative, on the cutting edge of the newest practices and technology, caring, able to offer a variety of services, and have a reputation for cost effective and outstanding care, among other things. Productively managing employees will help ensure adequate staff and low turnover. Although the cognitive culture of a work environment is important to the success of an organization (the norms, shared intellectual values, and assumptions that are a guide for employees), the emotional culture is critical as well (Barsade & O’Neill, 2016). A cognitive culture can be verbally conveyed while the…

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