Use Google search, the Devry-Keller Online Library, and/or one of the approved websites posted in the Webliography to find a research article(s) (no older than 2001) related to nonprofit versus for-profit healthcare and organizations. Analyze the characteristics of each type of organization and the factors that impact operations. Discuss options to improve the financial and operational performance of nonprofit organizations and the criticisms leveled at for-profit healthcare organizations.
Define: characteristics
a feature or quality belonging typically to a person, place, or thing and serving to identify it.
Define: Analyze
examine methodically and in detail the constitution or structure of (something, esp. information), typically for purposes of explanation and interpretation.
Characterists:
accepting patients community benefits monetary payments
"More important, most doctors in a for-profit practice own that business and have complete decision-making autonomy. Doctors in nonprofit settings have no stake in the practice, and major decisions must be okayed by a board of directors." (school)
"To be sure, the very nature of hospital payrolls means fewer benefits for physicians. Doctors in private practice can sock away as much as $30,000 annually in a tax-deferred SEP-IRA, or similar plan. But contributions to a nonprofit hospital's plan are capped at $10,000. That's because a private practice can skew its benefits to favor the high earners. In a hospital, with hundreds of employees clamoring for slices of the benefits pie, it's illegal to carve out a large chunk for any one group. At the same time, the IRS limits deferred-compensation perks usually available in for-profit settings, such as supplemental executive-retirement plans." school"
"Seattle-based Arthur Andersen consultant Brian Wong believes that the tax-exemption issue is a red