very complex scenario. To prevent patient not be a victim from others‚ the healthcare organization must have some sort of policies and guidelines in place to protect the patient and privacy and confidentiality. According to Westrick (2014)‚ the federal Health Insurance Portability and Accountability Act of 1996 has expanded patients’ rights to confidentiality concerning protected health information held by any healthcare organization which includes physician‚ insurance companies‚ and or any entities
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Financial Management‚ Reporting Practices‚ and Ethical Standards in Health Care Finance Allison Moore Financial Management‚ Reporting Practices‚ and Ethical Standards in Health Care Finance Health care managers have many responsibilities‚ which support their roles in creating and maintaining successful organizations. A key responsibility managers undertake is the ability to manage financials appropriately. "First and foremost‚ financial management is a decision science. Whereas accounting
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dominant theories which forms the foundations of ethical analysis‚ because they are the viewpoints from which guidance can be obtained along the pathway to an optimum decision. Each theory emphasizes different points such as predicting the outcome and following one’s duties to others in order to reach an ethically correct decision. However‚ in order for an ethical theory to be useful‚ the theory must be directed towards a common set of goals. Ethical principles are the common goals that each theory tries
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of ethical theory to determine which style‚ form‚ or behavior of ethics fits with our beliefs and culture. Some of these different types of theories include virtue theory‚ utilitarianism‚ and deontological ethics. Although these all fall into the category of a theory of ethics and may seem to be similar‚ they are also very different. When looking at the virtue theory of ethics‚ we can see that the term character can be used in the place of virtue. According to Ben (2007)‚ the virtue theory has
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There are no ethical principles in business (33 Some may argue that ethical principles have no role in business and the two do not go hand in hand. However many would argue that this statement is in fact not true as they is a wide variety of theories available ‚each of which hold their own ethical principles and in fact these principles are what makes a business truly successful in all aspects. Many of the ethical issues in business are covered by the code of ethics. Concerning both the employers
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Ethical Theories It is vital for businesses to understand the importance of ethics in this dynamic environment. Organizations that are committed to long term success recognize and realize that creating a culture where ethical behaviors are rewarded and encouraged is the ultimate key to survival and growth. According to Joseph 2003‚ business ethics refers to clear standards and norms that help employees to distinguish right from wrong behavior at work‚ while in the other hand ethical theories are
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Egoism is one of four popular ethical theories. The principle‚ or basic premise behind the Egoism theory is that self-interest is most important. By definition‚ egoism is the theory that one’s self is‚ or should be‚ the motivation and the goal of one’s own action (Internet Encyclopedia of Philosophy). An argument can be made that no human ever makes a decision without considering themselves‚ or that there is no true altruistic act anyways. So‚ it is important to differentiate a normal decision a
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Ethical Theories Ethical theories are the concepts that provide various viewpoints and guidance in making beneficial decisions. With the ethical theories‚ principles can be beneficial to each of the theories success. In this paper‚ traditional theories analyze how to gain a principle understanding of where they originated and how they achieve as theories. Ethical theories include and provide a brief background of Utilitarianism‚ Kantian‚ Social Contract‚ Divine Command‚ Natural Law‚ and the
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INTRODUCTION The first article ‘hundreds of economists agree Marijuana legalization could save taxpayers $13 billion per year’ by Jonathan Benson underlines a sensible ethical issue which legalizing a plant regarded as drug – though non-narcotic – in other to save and to make more money. In second article‚ “Pepsi’s ’Next’ generation - Less sugar!”‚ Scott Morefield highlights Pepsi’s procedures of making soft-drink –thereby making money – which harmful for the customers. On one hand‚ Pepsi gets
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Ethical Theories Joseph Ramos ETH/316 November 26‚ 2012 Irma Flores-Brothers Ethical Theories Ethics can be defined as a code of moral principles that sets a standard between right and wrong. Having what it takes to be an ethical person is not an easy task and the proper methods of becoming a moral person has been debated for centuries. This has resulted in several theories including utilitarianism‚ virtue theory‚ and deontological. Although all relate to ethics they each have a different
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