Discuss the differences between for-profit and not-for-profit healthcare organizations. How do the missions and values of each type of organization differ, and how are they similar?
Answer: The profit making healthcare organization mainly focus on the profit along with providing healthcare facilities. The profit making healthcare organization targets the lower and higher income of people. They provide high class of facilities and treatment services, healthcare insurance programs so as to make profit.
The non profit organisations is not concerned about the profit. It focuses on providing better healthcare services to the patient. It target the low income, people facing poverty etc. Their main aim is to treat patients, provide better health care programs etc.
They both mainly provide better treatment services and programs.
Discuss the differences between for-profit and not-for-profit healthcare organizations. How do th...
How does the role of nonprofit healthcare organizations differ from that of for-profit healthcare organizations? Which entity is better suited to meet the growing demand for health services by the aging population, and why?
Discuss the major similarities and differences in accounting for for-profit and not-for-profit organizations. Be sure to consider differences in organizational ownership, fund accounting, and financial reporting.
Discuss the difference between not-for-profit and for-profit organizations and how this relates to the application of accounting principles.
What are some of the differences in sources of capital between not-for-profit organizations and for-profit organizations?
a. What is CMS? b. How does tax status of healthcare organizations of for profit and not for profit differ? c. State the difference between retrospective and prospective payments. d. Name a classifying cost method with an example. e. What is the importance of materials and inventory management? f. Define cost allocation.
Discuss the differences between auditing and accounting. What overlap in skills exists, if any, between auditors and accountants? How do the responsibilities of auditors and accountants differ? How are they similar?
Think about the variety of healthcare organizations, such as a long-term care facility, large for-profit hospital, physicians' practice, VA hospital, or state-run clinic. Consider how budgeting would be influenced depending on an organization's sources of funding. How do the purposes or uses of a budget vary according to the kind of healthcare organization it is (think nonprofit, for-profit, and governmental)?
Healthcare in the US has been traditionally a mixture of not-for-profit and for-profit organizations. Do you think that markets where more for-profit firms exist would be inherently more competitive? Why or why not? (250 words)
Describe the similarities and differences between other non-profit organizations and government organizations based on the investigation of GASB standards. Give an example of the differences in regards to financial information, as well as the operations Note:Could you please don't use your handwriting to answer this question to be easy for me to solve...Thanks Could you please provide a new answer
NO SCREENSHOTS. Discuss the differences and similarities between Managed Care Organizations (MCOs) vs. Accountable Care Organizations (ACOs). Given the current health care environment, provide a solid speculation to how MCOs and ACOs may transform to meet the needs of its consumers. Be sure to support your thoughts and analysis with scholarly sources.