Healthcare Policy Law and Ethics Essays

2092 Words Aug 24th, 2013 9 Pages


AUGUST 10TH. 2013

Your reputation as a renowned administrator to successfully lead mergers and acquisitions of hospitals precedes you, and you have been hired to create and open a new specialty health care business. This is a clinic with physicians who specialize in the following areas: dermatology, gynecology, heart disease, respiratory disease, surgery, and gastroenterology. It is located in an exclusive neighborhood. 1. Determine whether you would incorporate and state the advantages and disadvantages of doing so. The first order of business is to analyze the demographics of the neighborhood and its
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Other advantages may include care under one roof, availability of specialists, laboratories, possible promotion of efficiency in patient care, central location of medical and administrative records, and improved coverage and emergency care all from the perspective of the patient (Torrens, 2010). Some disadvantages may include less individual freedom, possible excessive use of specialists, fewer outside consultants, sharing of all problems, income limitations, income distribution arguments, necessity of working with others, and group rather than individual decision making. 2. Determine the feasibility of a profit or nonprofit organizational status for this facility. For profit and not for profit (or non-profit) businesses are similar in many ways. Both are generally corporations in which assets are held and business transacted in the name of the corporation rather than the individuals involved (Smith, 2011). There are different challenges a non-profit face, although I believe that these challenges are also faced by for profit organization at the same similar level. The debate on whether all healthcare institutions should be non-profit evokes many complex and topical issues. What needs to be examined is whether non-profit hospitals are inherently better than for profit hospitals, and whether there is enough evidence-based data to support policies dictating ownership (Layne, 2012). For profit and not-for-profit hospitals

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