For Profit And Non Profit Organization

1. Describe the differences amid nonprofit and for-profit hospitals. LITERATURE REVIEW stinting theory states that FP hospitals will operate more than efficiently neglectful to the profit motive while NP hospitals will produce higher quality of care. Many studies put one across assured this theory. Some search suggests that the FP rule of self-command structure achieves greater 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 uprise out supports the theory that FP hospitals chip in better results for parliamentary law 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 rationalize cost and provide capital or relieve debt encumbrance without reducing quality or acerb back o n access to the poor when the conversion takes place. Their scan indicates that quality is not compromised in an FP setting. Kessler and McClellan (2002) analyze data on medical examination expenditures and health outcomes of Medicare beneficiaries for heart attacks and make that the FP willpower form has important benefits for medical productivity. On the other hand, other studies involve 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 some(prenominal) years. He finds NP hospitals have costs and/or qualities exchangeable 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 s tudy that looks at a hospitals conversion fr! om NP to FP status, Picone, Chou and Sloan, (2002) find that NP...If you want to get a in full essay, army it on our website: OrderCustomPaper.com

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