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Medicine and the Marketplace - The Moral Dimensions of Managed Care (Paperback, New edition)
Loot Price: R1,189
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Medicine and the Marketplace - The Moral Dimensions of Managed Care (Paperback, New edition)
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The emerging dominance of managed care provided by profit-seeking
corporations has intensified the public's concern that traditional
business goals of maximizing profits will destroy medicine's
traditional commitment to patient well-being. Society is left to
wonder how physicians can properly honor their duties to patients
when the managed care organizations that employ them have financial
obligations to shareholders. Kenman L. Wong's book addresses issues
raised by the new intersections of business and medicine with an
ethical assessment of emerging health care arrangements. By
focusing on organizational ethics, he offers an integrative
framework that seeks to balance patient, societal, and corporate
interests. To avoid overly simplistic solutions, Wong compares
managed care, traditional fee-for-service arrangements, and other
proposed health care reform options such as rationing programs and
medical savings accounts based upon principles of fairness. Though
Wong argues that managed care is the best available option, he
finds fault with many current practices of managed care
organizations. He evaluates the place of the profit motive in the
guiding ethos of managed care organizations and addresses the
pressing issue of whether or not managed care should remain the
exclusive domain of nonprofit organizations. He concludes with an
integration of business ethics and medical values that formulates
organizational norms and specific practice reforms for managed care
organizations. Medicine and the Marketplace should be read by
health care practitioners, plan administrators, instructors of
medical ethics, health administration, and public policy, and
members of the general public interested in how managed care can be
made into an ethics-driven system.
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