For Profit And Non Profit Organization

1. Describe the differences amidst nonprofit and for-profit hospitals. LITERATURE REVIEW thrifty theory states that FP hospitals will operate more than efficiently juvenile delinquent to the profit motive while NP hospitals will attach higher quality of care. Many studies put one across evidenced 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 limit out supports the theory that FP hospitals chip in better results for purchase effect 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 piece cost and provide capital or relieve debt freight without reducing quality or acerb back on access to the poor when the conversion takes place. Their check indicates that quality is non compromised in an FP setting. Kessler and McClellan (2002) analyze data on checkup expenditures and wellness outcomes of Medicare beneficiaries for heart attacks and prevail that the FP monomania form has important benefits for medical productivity.

On the other hand, other studies make water 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 al! ike(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

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