In 2016, Dr. Alexander Nonesuch, a doctor at Sunshine Hospital in the State of Discontent, failed to disclose that he was transgender on his employment application before he started working there in February 2015. Dr. Nonesuch, the plaintiff, married his wife, Renata Mercure, in June 2015. Since Renata was expecting twins on April 1st, 2016, Dr. Nonesuch requested paternity leave and to add his wife and children to his retirement plan. Since the hospital’s management and the board saw Dr. Alexander Nonesuch’s marriage as a same-sex marriage, which is illegal in the State of Discontent. The hospital denied his requests on March 5th; two days after Dr. Nonesuch made his requests on March 3rd, 2016.…
Patton Fuller Community Hospital is a for profit organization. The organization is committed to providing quality and service to their patients. Its organization is owned by a group of active physicians that can provide care approximately to 600 patients in a full service environment. As Finkler and Ward mention every health care organization should show signs of profit in order to purchase the newest technologies and be able to be compete (Finkler & Ward, 2006).…
* What differences in acquiring revenue, accruing expenses, and training of key personnel are there between a nonprofit organization’s ability to thrive and a for-profit organization’s ability to thrive?…
Mary Greeley Medical Center in Ames, Iowa is a unionized hospital, while Iowa Lutheran Hospital in Des Moines is a non-union facility. Both facilities strive to give its patients excellent care but the working conditions vary somewhat due to the difference between a union and non-union facility. From Mary Greeley’s I interviewed Mrs. Lorna Hamilton, the Emergency/Security Management Coordinator and from the Iowa Lutheran Hospital I interviewed Mr. Jeffrey L. Bebensee, the Security Manager. Both managers were familiar with the labor unions effect on their workplaces.…
Hammond General Hospital is a 334 bed general hospital located in a Mid-western town of 45000 and serves a countrywide population of approximately 140,000. Recently the board of directors at Hammond awarder the management contract of the Food Service Department to an outside company, Master Host Company. Master Host appointed Dave Smith as director of food service. It must be noted that this is the first time in the hospitals history that someone outside the hospital has been appointed as director of a department.…
hospitals that serving publicly insured patients may affect their ability to manage their revenue cycle…
Some concerns of hospitals are surviving in a competitive world. Bringing in the right stakeholders, donators. Also achieving the highest reimbursement from private and state and local insurances. In today’s economy there are many urgent care and private facilities, which patients and consumers along with residents can choose from.…
For-profit and not-for-profit hospitals generate revenues through daily operations. For-profit hospitals are able to generate funds through issuing stocks while non-for-profit hospitals do not have this ability. Accordingly, non-for-profit hospitals can issue tax-exempt bonds and can accept tax-deductible contributions. Non-profits were created with the intention of servicing the needs of the poor. This subsequently led to non-for-profit hospitals being exempt from taxes, as they were providing certain social services. Today, approximately 85% of hospitals are non-for-profit and are expected to have a charitable mission. One of the arguments often cited…
Colleges and university have slowly become one of the stepping stones into the working world today. People go to colleges for higher education with the intention of earning degrees in which they can use in their respective fields. Some example degrees that people pursue are Medical, Law, Business, Accounting, and Science Degrees. Through the years the idea of college was that it was optional and it was a door for better life and job. However in the modern times, it become a necessity. It all started when the colleges once single- gender institutions target specific students in their respective demographics. Today, the college market has now been divided into two major categories: Not-for-Profit Colleges and For-Profit colleges. Not-For-Profit Colleges are institutions that are interested in serving the student's needs by providing necessary education to the student. The Not-For-Profit organization are tax exempt and have a board of trustees that makes decisions. For-Profit Colleges are run like a business in which their goal is to generate income for their owners and shareholders. There are no board of trustees at For-Profit College and the owner and shareholders control the decision on which is best for the institution. Although the objective for both Not-for-Profit Colleges and For-Profit College is to provide their students an education in which they can use for their future, both institution have great differences in which their organizations are run.…
What specific steps should the board take to create an executive team to manage the newly created organization?…
With everything provided by the government, the price of health care provision will be reduced because the hospital will become a nonprofit organization. The hospitals will no longer have many corporate executives who draw gigantic salaries and bonuses. This will also eliminate the need for the corporate executives to maximize profits for the hospitals shareholders.…
Coyne, J. S., Richards, M. T., Short, R., Shultz, K., & Singh, S. C. (2009). Hospital cost and efficiency: Do hospital size and ownership really matter? Journal of Healthcare Management, 54(3), 163-176.…
They can pick and choose their patients, sometimes called “cherry-picking,” choosing patients who have less complications and referring others to nonprofits in order to save money.” (The Healthcare Manager, p.298). These types of hospitals are also more likely to provide what are considered “more profitable services,” such as open heart surgery and other cardiac services including angioplasty because insurers usually pay more for these services.” (Making Profits and Providing Care, p.1 and p.3). These providers do not have to provide free services or programs to the community because they are not considered a nonprofit and some regulations for operating this type of hospital can be less stringent than a nonprofit. For-profit organizations share their profits as dividends to their shareholders. (Barton, p.265).…
Since 2006, this debate has focused on specialty hospitals’ possible “unfair” competitive advantage. Little research has addressed whether specialty hospitals adversely affect the financial viability of general hospitals and their ability to care for low-income, uninsured and Medicaid patients. Despite initial challenges recruiting staff and maintaining service volumes and patient referrals, general hospitals were generally able to respond to the initial entry of specialty hospitals with few, if any, changes in the provision of care for financially vulnerable patients, according to a new study by the Center for Studying Health System Change (HSC) of three markets with established specialty hospitals in Indianapolis, Phoenix and Little Rock, Ark.…
These are investor owned organizations that must pay taxes and do not receive the same benefits that not-for-profit organizations receive. For-profit healthcare organizations are owned by investors. In terms, this means they have shareholders who benefit directly from any profits that are generated from this organization. Unlike, not-for-profit organizations, these for-profit organizations do not usually have the mission of taking on charity work or…