A for-profit basically places emphasis on profit seeking, and limits the amount of care it provides to the uninsured, and providing non-profitable services to the community (Horwitz, J., n.d.). In, conclusion CCFC would recommend that a newly formed health organization would be better off becoming a for-profit organization because it will guarantee return on investment when profits are earned, assets are owned by the owner of the health care organization, and it will be much easier to hire qualified employees by being able to provide valuable resources that meet the needs of the employees. Based on the studies that CCHC has researched it determined that the return on investments verses tax exemptions creates a better financial return to its owners (Horwitz, J., n.d.).
REFERENCES:
Carter, C., (n.d.), For profit vs.not-for-profit organization, Studio D, http://www.smallbusiness.chron.com/profit-vs-not-for-profit-organization- 4158.html
Horwitz, J., (n.d.), Making profits and providing care: Comparing nonprofit, for profit, and government hospitals,