Several rules, regulations, and ethical standards guide healthcare management in the modern world. Today, healthcare workers and administrators are held to higher standards and must act in their patient's best interest or risk being sued for malpractice or negligence.
One important ethical standard that healthcare managers are held to is patient confidentiality. Patient confidentiality means that a patient’s medical condition should be kept private and not be revealed to an unauthorized third party. Ensuring patient confidentiality is an important part of their right to privacy.
Informed consent is another important ethical standard in health care management. Medical treatment should not be administered unless the patient or their family has expressly consented. Informed consent also means that the patient is well aware of a medical procedure's risks, benefits, and likely consequences.
Also, healthcare managers must take reasonable care when dealing with their patients. For instance, they must ensure their patients are not harmed by defective medical equipment. They must also take reasonable care to ensure patients are not injured during treatment.