For Profit And Non Profit Organization

1. Describe the differences betwixt nonprofit and for-profit hospitals. LITERATURE REVIEW frugal theory states that FP hospitals will operate more than efficiently ramshackle to the profit motive while NP hospitals will buzz off higher quality of care. Many studies put one across adjudicated this theory. Some search suggests that the FP rule of self-command structure achieves great productive efficiency than the NP form. Herzlinger and Krasker (1987) compare the be and returns between six FP hospital chains and eight NP chains. Their run a risk out supports the theory that FP hospitals chip in better results for monastic differentiate by being more efficient, cast their earnings in renewing equipment, and offer a broader arena of services to patients. Cutler and Horwitz (2000) examine the conversion of NP hospitals to FP status and regard that FP hospitals can attenuated cost and provide capital or relieve debt consignment without reducing quality o r acerb back on access to the poor when the conversion takes place. Their contain indicates that quality is not compromised in an FP setting. Kessler and McClellan (2002) analyze data on medical checkup expenditures and wellness outcomes of Medicare beneficiaries for heart attacks and finger that the FP self-will form has important benefits for medical productivity.

On the other hand, other studies soak up found NP hospitals to be an equally or more efficient ownership form. Duggan (2000) reviews the percentages and changes of Medicaid and uninsured patients in different ownership forms over several(prenomi nal) years. He finds NP hospitals have costs! and/or qualities alike(p) to that of FPs. Duggan rejects the theory that NPs are less antiphonary to financial incentives than FPs. In addition, Silverman et al. (1999) find that FP hospitals have higher Medicare costs than NPs. Woolhandler and Himmelstein (1997) find that FP hospitals have higher administrative costs than NPs. In another study that looks at a hospitals conversion from NP to FP status, Picone, Chou and Sloan, (2002) find that NP...If you want to get a in full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper