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For-Profit and Not-for-Profit Shareholding Healthcare

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There is a difference between not for profit and for profit healthcare facilities. How do philosophies and shareholding vary among for-profit and not-for-profit organizations when considering financial profitability?

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This solution discusses how philosophies and shareholding vary among for-profit and not-for-profit healthcare organizations when considering financial profitability in 241 words.

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Philosophies and shareholding vary greatly between for-profit and not-for profit organizations when considering financial profitability. For one thing, the for-profit business's primary responsibility is to its share holders who expect high returns from the functioning of that business while the not for profit business's primary responsibility is to society/individuals. This translates into for profit businesses ...

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Carmel Philistin, MBA/HCM
Education
  • BA, Brooklyn College
  • MBA/HCM, Phoenix University
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