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Compare And Contrast The Hospital And Non-For-Profit Hospital

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Compare And Contrast The Hospital And Non-For-Profit Hospital
i. When it comes to non-for-profit hospitals it is easier for them to stay open longer because they are run by individuals who use the income money for the hospital only. Whereas, for-profit hospitals they have board members to run the hospital so everything has to go through them and the income money is used for the hospital, but, anything money not used in the moment is spilt up between all of the shareholders as a bonus. So not all of the money is going to the hospital directly. By the money staying in the hospital only in non-for-profit the status of the hospital needs are required and they are able to remain open longer.

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