Case Scenario:
As a healthcare 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 healthcare organization? For this Discussion, you examine the following scenario and consider whether there is a breach of ethics.
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.
To prepare for this Discussion, read the provided scenario. Given the mission of the organization in the scenario, consider whether over-predicting financials would be a breach of ethics.
1. An evaluation of whether overstating financials would be a breach of ethics for the organization in the scenario. Why or why not?