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Essay Details:
Essay text:
This raises the following questions:
?X Should doctors be allowed to be shareholders in hospitals? Physicians are not allowed to refer patients to institutions, such as home-health providers, that they own a stake in ?V should this law be extended to hospitals as well?
?X Should hospitals / provider institutions even be allowed to be publicly-held, publicly-traded institutions?
?X Is the government at all at fault for fraud at institutions that administer their Medicare programs, due to cut backs that may have led to weak enforcement of the program?
?X Should a company be expected to abide by rules / regulations set forth by a program such as Medicare, without any outside enforcement?
?X Was the compensation system employed by Columbia/HCA the best-suited for their organization?
?X Was Board oversight sufficient ?V could they have gotten involved sooner?
Evaluation of Company Actions
?X Went public ?V allowed physicians to be shareholders
?« Physicians who were stakeholders have reason to watch their spending and comply with directives put in place by hospital management
?« Physicians should always have the interest of their patient in mind and this could cloud their point of view and their actions...
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