U02d1 Corporate Responsibility for Compliance - Essay Example

RUNNING HEAD: CORPORATE RESPONSIBILITY FOR COMPLIANCE u02d1 Corporate Responsibility for Compliance Submitted by: XXXXXX Number: XXXXXX University of XXXXXXX The main aim of this paper is to discuss the factors like licensing, regulation, accreditation, payment and taxation constraints for the health care organizations. The paper will also include a brief comparison of the state and federal licensing requirements. Firstly it is essential to gain an insight on the main concepts as mentioned above.

Licensing and Regulation: Chitty and Black explain that the federal and the state laws act as administers and implementers of laws (Chitty & Black, 2007). They move on to explain that the state executives in most cases tend to delegate the work to an agency like the state board of medicine and nursing. Here in the case of a health care organization, the licensing allows the professionals and gives them a legal right to work in the industry and in the profession (Pozgar, 2007). Accreditation: Accreditation has been expressed as a voluntary organization which provides the institution with an authorization which is based on the predetermined standards and the measurement criteria (CS & MSN, 2010).

Payments and Taxations: The GDP of the country has been directly influenced by the cost of health care in the country. There are several different aspects like the fee for service, the taxation that is set for the support and development of Medicare and Medicaid services and the managed care for all. There have been several discussions and arguments that the health care is not driven by the customers and is mainly by the employers. Comparison of the Private Accreditation Standards and State and Federal Licensing Requirements: Private organizations tend to be very strict about their functioning with very little or no transparency in the operations and with little or no accountability to the public.

The accreditation process for all companies is relatively much more on the outcomes than the structure and the process that is being used by the organizations. The state and federal licensing have a relatively more transparent process and the working of the company is relatively much more available for the general public to see as compared to that of the private organizations. The private bodies also have the ability to make any changes without providing any kind of notification to the public while the state or federal bodies need to notify all changes to the public.

The private bodies are relatively able to manage their finances well while the states of federal are dependent on the funding and the sponsors to a great extent. Conclusions: Irrespective of whether the organization is privately held or if it is a part of the state and federal operations the main factors that need to be considered is the need for compliance and ability to stay in track with all the regulations that have been set down. If the organization is unable to manage this responsibility then they can be faced with several charges including the civil as well as criminal prosecutions as well.

Hence it is essential for the companies to ensure high quality and excellent services irrespective of the high costs. ReferencesChitty, K., & Black, B. (2007). Professional nursing: Concepts and practice. St. Louis, MO: Saunders.CS, K. K., & MSN, B. P. (2010). Professional Nursing: Concepts and Challenges. Saunders; 6 edition.Pozgar, G. D. (2007). Legal aspects of health care administration. Sudbury: MA: Jones and Bartlett.