Projections for startups and ethics
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?
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.
Given the mission of the organization in the scenario,
consider whether over-predicting financials would be a breach of ethics
