Administrative Ethics

Pamela Foreman

HCS/335

May 20, 2012
Tracey A. Gomez

Administrative Ethics in Healthcare

There are many issues surrounding the health care crisis in America today. As we learn about the role of administrators in the health care field, these issues are important in the decisions we make as health care professionals. Those that study to assume the role of a physician should pay close attention to the issues that current physicians are facing financially. Independent practices have begun to see serious financial issues due to the rise in business and drug costs as well as the decrease in Medicare reimbursements (Green, 2012). In a report published by CNNMoney, physicians in private practice are having an extremely hard time staying in business in the current economy and the future does not look any better with the changes projected in the federal budget. Medicare physicians can look forward to their pay being cut by 27.4% (Kavilanz, 2012). The best doctors in the country have already sacrificed receiving a personal salary so that they could pay staff and stay in practice. Many of these physicians are contemplating bankruptcy or leaving medicine all together. If these physicians begin to file bankruptcy, many Americans could be left without any health resources that are vital to their communities. One of the main contributing factors to this issue is the oncologists that were once allowed to profit from drug sales. They would buy the most expensive cancer drugs at wholesale prices from the makers of the medication and sale those medications to their patients at a much higher price. The revision of Medicare guidelines would decrease those cancer drug reimbursements and physicians will receive less than half of the cost (Green, 2012). The proposed solution, as stated in this article published by