For Profit And Non Profit Organization

1. Describe the differences amongst nonprofit and for-profit hospitals. LITERATURE REVIEW economical theory states that FP hospitals will operate more than efficiently tumble-down to the profit motive while NP hospitals will tempt higher quality of care. Many studies put one across readingd 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 into out supports the theory that FP hospitals chip in better results for participation 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 bring out cost and provide capital or relieve debt lading without reducing quality or acerb back on a ccess to the poor when the conversion takes place. Their study indicates that quality is not compromised in an FP setting. Kessler and McClellan (2002) analyze data on medical expenditures and wellness outcomes of Medicare beneficiaries for heart attacks and visit that the FP self-control form has important benefits for medical productivity. On the other hand, other studies declare 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(prenominal) years. He finds NP hospitals have costs and/or qualities standardized 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 F! P status, Picone, Chou and Sloan, (2002) find that NP...If you want to get a in full essay, run it on our website: OrderCustomPaper.com

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