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Summarization of a Not-for-Profit and for-Profit Hospital

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Submitted By gdot80
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Identify a nonprofit health care organization and a for-profit health care organization of your choosing. Answer the following:

Summarize the types of services provided, clientele served, and provider groups involved.
Compare and contrast the strengths and weaknesses of each organization from patient, provider, administrator, and third-party payer perspectives.
Provide at least 2 suggestions for each organization to minimize the identified weaknesses.
Summarize which organization you would rather be part of, using rationale.

Abstract
There are many differences that for-profit and not-for-profit organizations have between one another. Research has been conducted on one not-for-profit organization (VA hospital) in a for-profit organization (Baptist Medical Center) and the strengths and weaknesses from a provider’s and patient’s perspective in which organization would be a better choice to be part of.

Not-for-profit hospitals are recognized for their charitable intentions. Not-for-profit hospitals have a habit of being larger and also have a tendency to be training hospitals. The earnings that not-for-profit hospitals receive are reinvested to enhance the quality care that is offered at these hospitals. Their earnings are also invested into community programs, which in turn can provide little to no fee to those individuals who are considered to be low income families and also maybe uninsured for the services of these programs. The purpose of not-for-profit hospitals is to assist healthcare within their community without concern for a patient to have the ability to pay for these services. Not-for-profit hospitals are also excluded from paying state corporate income taxes, federal taxes, property taxes and local sales. Because of these exemptions, not-for-profit hospitals must abide by specific tax codes in order to acquire

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