Discuss the scope of practice and appropriate levels of care and explain what role does fair market value play in the facility’s decision?

HCAD 625 WK4 Scopes of Practice; Compensation

Q1. 1 Compensation and Fair Market Value:
The president of the medical board wants to hire a premier sub-specialist to increase patient volume and income. The subspecialist’s reputation is such that your hospital would quickly become the “go-to” destination for this subspecialty. However, he demands a 50% higher salary than other medical staff members. What role does fair market value play in the facility’s decision?

Q1.2 Scope of Practice and appropriate levels of care:
In every state, nurses are campaigning to be allowed to practice “to the full scope of practice,” in other words, to provide medical care, sometimes independent of physician oversight (which physician professional societies oppose). At the same time, nursing (and the nurses’ union) opposes the expanded use of lower-skilled LPNs and technicians in clinical settings. Discuss.

Discuss the scope of practice and appropriate levels of care and explain what role does fair market value play in the facility’s decision?