Profit

arguments for and against 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…

There are two types of organizations, for-profit and nonprofit, especially in terms of their financial and economic policies. The first main difference between the two is the fact that for-profit companies are generally founded to generate income for entrepreneurs and their employees, while nonprofits are generally founded to serve a humanitarian or environmental need. In term of financial policies, non-profit organizations place all their donations and financial means into their programs,…

Know more about crowdfunding for non-profit purposes Non-profit organisations that search for large funding and social awareness should consider crowdfunding campaign.Crowdfunding alludes to any effort taken to raise money from a large number of people , apart from funds it also creates awareness to the society. Non-profit organisations like the United Way ,Salvation Army , YMCA and the American Cancer Society follow a common way to raise the fund.Nonprofits are called to a higher standard of…

financial implications 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…

Internal communication in non-profit organizations Many non-profit organizations are so focused on communicating with an external audience, such as volunteers, donors and the media, that they forget the importance of communication with its own staff (Bruner, 2011). Internal communication should be guided by clear policies and practices. The management of an organization should actively listen and respond respectfully to the employees that have something to say, and also encourage those who do…

While most people believe that non-profit are doing great public work, these organizations are often contributing to the increase of elitism and capitalist forms through corporate influence. Non-profit industrial complex (NPIC) is as a “set of symbolic relationships that link political and financial technologies of state and owning class control with surveillance over public political ideology, including and especially emergent progressive and leftist social movement” (Smith 8). This simply…

to cover staff salaries and the organization function costs. Still, managers face budget difficulties, when they need to invest in office supplies or equipment, since budget is too tight. Non-profit professionals concern about their jobs, specially, when it comes to small organizations. In fact, non-profit organizations are economically vulnerable, thus, they need well designed budgeting projection. Equally, Opportunities analysis factor refers to the chances of applying for grants.…

As distinct legal forms, non-profit-making and for-profit possession result in completely different mixes of financial and non-pecuniary incentives for directors and staffs, completely different sources of capital, and completely different influences on governance. whether or not these variations translate into distinctive behavior has been examined in regarding 275 empirical studies covering medical care, medicine services, rest home care, home health care, treatment of end-stage excretory…

About 15 years ago, I was employed as a Program Liaison and Group Leader for a wonderful non-profit organization in South Philadelphia. This organization focused on providing resources and supports to low income families within an inner city environment. The program operated weekly and was housed in a local elementary school. Usually, students enrolled in the school would utilize our resources services for after-school programming and their parents would request additional assistance such as…

Historically, not-for-profit (NFP) hospitals evolved from either religious groups or philanthropic foundations and provided health care to individuals that could not afford to pay the doctor to come to their home (Cutler, 2000), hence, they provided a service to the community that the community would otherwise be required to provide. These organizations generated little income and as such were granted tax exempt status (Cutler, 2000). Modernization of healthcare has transformed hospitals from…