For-profit hospital

choices where to receive care. It can be in a non-for-profit hospital or for-profit hospital. It is a tough choice. Which hospital will provide the best quality care and which hospital services will be affordable? Let’s look at the differences between for-profit and not-for-profit healthcare organizations. Many hospital officials say that for-profit organizations pay property and income taxes while nonprofit hospitals don’t. All not-for-profit organizations are tax-exempt and accept tax-deductible charitable contributions. According to Henderson, “The difference can be summarized as the difference in the right to transfer assets. A not-for-profit hospital does not have shareholders in the typical sense of the…

differences between community not-for-profit hospitals and large academic medical centers that may affect staffing, programs offered, and policies and procedures? While a non-profit (voluntary) hospital’s mission is for the benefit of the community, private hospitals (proprietary) are investor-owned and operate for the financial benefit of the organization and its stockholders (Shi and Singh, 2013). Non-profits receive tax-exemptions, and provide an important service to the community as they…

non-profit hospitals, it is important to know what they are and what they are about; as well as for-profit hospitals. As explained and described by the career information organization JobMonkey in their article “Health Care Non Profit Organizations - Not for Profit Health Services Jobs”, non-profit hospital is defined as, a solely community-focused healthcare organization that supplies various services from within the hospital with no desire to seek a profit, as well as services that are not…

Non-Profit vs For-Profit Hospital Non-profit and for-profit hospitals together form the backbone of the healthcare industry. Both types of hospitals lie on the same spectrum of quality. In other words, the best and the worst hospitals are not defined based on whether they are non-profit or for-profit. Both classes contain hospitals of each type. But there are also several differences in how non-profit and for-profit hospitals are managed and whom they serve. Non-Profit Administration Duties…

Riverside Community hospital is a small non-profit hospital, with about 210 beds available for patient use (HAP 2010). Riverside hospital has recently come into serious competition with a for-profit hospital in their area, and Riverside is worried that the cost of services in their area will skyrocket. Though Riverside has strengths, the hospital also has financial weaknesses that need to be addressed. Riverside Community Hospital has an overspending issue, and by analysis Riverside Financial…

She figured out the discontentment on my face. With a palliative smile, mom patted on my back and said,” It 's ok.” We started walking in search of room#102. As we crossed the registration hall, the way split to two forming a three-way junction. We took a right. The building is in the shape of a circle with a small garden in the center and the actual building on the rim. I recollected the pictures from the website that it had a fountain in the center. It might have been even pretty if the water…

The solution to addressing the issue of for profit healthcare organization to turn a profit from its paying customers while meeting its ethical obligation to provide care to the not able to pay customers can be done by forming a new type-of corporation called the benefit corporation. To be set up as a benefit corporation a healthcare organization must be set up with a dual purpose. 1) Create a general public benefit by creating value for its stakeholders- Such as the local community, local and…

I am writing to express my frustration on why marijuana is still illegal for even medical purposes while teh states around us are having huge profit on making marijuana legal.It helps with chemotherapy, Crohn 's disease, weight loss, HIV or nerve pain, and more. However it will be be better if it is full legalized with some restriction with it. Like Colorado has legalized Marijuana and have been profiting seen then, as the tax revenue has been used to a positive purpose; building schools, since…

play. During periods of economic expansion and prosperity, there are heightened incentives for organizations to invest into their infrastructure and expand capacity. During times of economic decline, organizational growth wanes as profit margins dwindle, and increased organizational efficiency becomes key. This paper intends to demonstrate how growth is inextricably linked to environmental factors. Economic prosperity has a great impact on an organization’s success and thus, its decision…

most profitable given the price points and newly and recent introduction on the market. Mr. Thomas Strategy. Starting in 2011, the cumulative profit score $81,571,138 and through this strategy into January 1, 2015, it only achieves a cumulative score of $1,513,237,527 out of $2,100,000,000, a difference of $586,762,473. As for the profits of the strategy, they hit a high in 2014 of $488,298,787 and then rapidly declined in 2015 to $194,198,305. This strategy also affected the revenue’s in…