Private Sector and Healthcare Essay

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Practicum Synthesis

Describe how health care is organized and financed, including the implications of business principles, such as patient and systems cost factor while examining the roles and responsibilities of regulatory agencies and their effect on patient care, workplace safety, and the scope of practice.

Regardless of the country or situation, healthcare is generally some sort of blend of public and private sourcing and personnel. Depending on who is asking or answering the question, one or both can be seen as a pariah and one or both can be seen as saint. Publicly funded healthcare is financed by taxpayer dollars in large part (if not entirely) and thus is subject to oversight and regulation on a level that is much higher than in the private sector. Even so, government agencies and groups are often seen as being inept and lumbering and funding cuts and mismanagement are often seen as issues to be dealt with. Conversely, the private sector is often pilloried due to the fact that there is the profit motive involved. For many to most industries, this is not a problem. However, when it comes to needs and "rights" such as healthcare, fuel and so forth, the profit motive is often condemned.

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When it comes to healthcare, there is the tricky balance between being a financial steward and acting in ways that affect care in a negative way. Indeed, what is good for the bottom line of a healthcare firm may not be what is best, safe or ethical for patients. For example, a nursing home might decide that bed alarms that detect a patient moving or getting up are not needed. Further, many jurisdictions would concur that bed alarms are not needed and/or are counterproductive. However, others would argue that cost-cutting like that is not safe for patients and that any reasonable measure should be taken to procure and ensure patient safety. Even when the care is top-notch, cost is seen as outstripping inflation and other reasonable yardsticks in short order (Basu et al., 2012).

Use inter-professional and intra-professional communication and collaborative skills to deliver evidence-based patient-centered care and incorporates effective communication techniques, including negotiation and conflict resolution.

To continue the thought started with the last question, it can be debated and grappled with in great detail what is spending too much, what is spending too little, what is a drain on patient care quality and what is….....

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