Corruption and Integrity Profile in the Organization Free Essay Example, 3000 words

According to the research findings, it can, therefore, be said that public sector hospitals receive good corpus of financial aid or funds from the government. As the public sector or government-backed hospitals mainly run non-profit basis and provide free and even subsidized treatment to the people, they need external funds. Government allocates sizable funds to operate the hospital and that includes, salaries for healthcare professionals, procurement of equipment and importantly drugs, and other medical needs. In the private sector also, there will be a good flow of money with the fees collected from the patients increasing the hospital s coffers. In addition, with the need to purchase high-level medical equipment and drugs, there will be heightened financial transactions as well. So, whatever be the sector, in the healthcare industry, there will be a high-level flow of finances and that mainly leads to corruption and other fraud practices, as there are possibilities for different kinds of corruption. As many economists have pointed out, corruption is a 'crime of calculation' and is more likely to occur where budgets are large and 'rents' or possibilities for people to gain from decisions made by officials are high. We will write a custom essay sample on Corruption and Integrity Profile in the Organization or any topic specifically for you Only $17.96 $11.86/page With the funds flows flowing through different levels of hierarchies, there are high chances of corruptions happening anywhere. That is, if the fund's flow is restricted through few clearances, those clearing areas can be easily monitored and made accountable.