Psychological Capital and Moral Potency of Interdisciplinary Team Members: Does Profit Status Matter in Hospice Care?

Abstract

The hospice industry has seen major profit status shift over the last 15 years from nonprofit agencies to for profit agencies primarily providing care. This major shift has sparked much debate about whether differences exist between for profit and nonprofit hospice agencies and the impact on the quality of care provided. This study examines the psychological capital and moral potency of interdisciplinary members in hospice care, and the relationship between these capacities and the perception of authentic leadership. The results of this exploratory study indicated a significant difference between organizational types in the overall perception of the authenticity of the leader and the subscales of transparency and internalized moral perspective. Results indicated that there were no significant differences between organizational types in the overall scores of psychological capital or moral potency, but there was a significant difference found in the self-awareness subscale of psychological capital. A small positive correlation was found between authentic leadership and the psychological capital and authentic leadership and the moral potency of interdisciplinary team members.