Answered Essay: Using the HFMA Code of Ethics as a guide, describe how a health care administrator

Using the HFMA Code of Ethics as a guide, describe how a health care administrator or manager would actually go about applying a code of ethics to the day-to-day process of financial management. What components are necessary and why? What would you add to this code of ethics and why?

Expert Answer

Answer: The HFMA code of ethics prescribes the ethical conducts which the finance professionals in the health care industry should follow. To apply this code in practise it is important for any health care manager to first understand the components of this code and then apply them in practise. The main components of this code are

  1. Honesty and personal integrity
  2. High standards of personal conduct
  3. Objective and fair representation of the information
  4. Fostering excellence
  5. Maintaining confidentiality
  6. Promoting understanding
  7. Seeking a balance between costs and quality

All these components are essential for any health care manager as they all guide towards creating an ethical stance in the health care finance. These can be developed in the day to day process of financial management by practise. For this purpose the managers should go for the various certifications offered by HFMA like CRCR and so on. The managers can also attend to the online seminars organized by HFMA and apply that education in real life situations. I would like to add the environmental and social footprints in to this as sustainability in financial reporting cannot only be gained through financial aspects alone.

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

HOW OUR ONLINE ESSAY WRITING SERVICE WORKS

Let us write that nagging essay.

STEP 1

Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.

STEP 2

Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.

STEP 3

Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.

STEP 4

Receive your Paper

After Editing, your paper will be sent to you via email.