Purchase Solution

Comparitive Financial Environments of Healthcare Entities

Not what you're looking for?

Ask Custom Question

Compare the similarities and differences between for-profit, not-for-profit, and government financial environments. Include where they receive funding, who makes the financial decisions and major stakeholders involved in the process. You may refer to the following health entities for reference:

For-Profit
1. New York University Medical Center
2. Atlantis Rehabilitation and Residential Health Care Facility
3.Autumn View Health Care Facility LLC

Not-For-Profit
1. Buena Vida Continuing Care
2. Mount Sinai Hospital (NY)
3. Visiting Nurse Services of NY

Government
1. VA Harbor Healthcare System
2. Northshore VA Medical Center (NY)
3. A Holly Patterson Extended Care Facility

Please format your response in APA format and include 3 references that are no older than 2007.

Purchase this Solution
Solution Summary

A comparative study focusing on the financial environments of healthcare entities including analysis into stakeholder influence, funding revenues, and management structure of Not-For-Profit, For-Profit, and Governmental healthcare entity structures.

Solution Preview

Financial environments of healthcare entities:

The financial environment consists of many different factors. The role of finance in any healthcare setting is to use resources to maximize the efficiency and value of the organization. The size and structure of the environment will depend on the type of provider (for-profit, not-for-profit, or governmental) and the size of the organization, but financial structure is equally import in them all and has an influence on organizational goals, financing decisions, and investment decisions.

For-Profit:

- Funds come through individuals buying into the corporation and buying common shares in the company. In sense, they become "part-owners".
-These shares can then be sold or traded between the individuals (private) or between institutional stockholders as well ( companies that own stock in the healthcare organization).
- In general, the managers of for-profit held entities tend to be the biggest stockholders.

These stakeholders have the ...

Purchase this Solution
Free BrainMass Quizzes
Fibromyalgia

This quiz provides a brief overview of Fibromyalgia. Research is currently evolving regarding this diagnosis.

Crohn's Disease

How much do you know about this condition?

Managed Care Organizations

This quiz will test the basics of managed care organizations. It is important to know how our health care delivery system operates through managed care.

Tumor Markers

This quiz help you memorize common tumor markers used to detect and diagnose some types of cancer.

CPR (Red Cross Standards)

Are you up to date on your CPR skills? Find out if you know what to do in an emergency with this quiz.

View More Free Quizzes
Related BrainMass Solutions

  • Comparitive Summary of Financial Health Enviroments

    548060 Comparative study of three different healthcare financial environments including information on policies and procedures, management practices, and financial structures.

  • for-profit vs non-for-profit

    Identify three examples of entities with for-profit, not-for-profit, and government financial environments in the health care industry.

  • Financial Data

    How are different types of health care entities affected by economic hardships? Provide examples. *Provide two references for each question Healthcare Financial Data 1) Which statement was more financially helpful?

  • HIPPA PRIVACY LAWS

    According to Lageman & Melick (2001), HIPAA privacy rules have negative financial impact on covered entities and this is because of the large capital expenditures incurred in becoming HIPAA compliant.

  • Write a paper in which you discuss generally accepted accoun

    The concept behind this principle is that entities are not permitted to hold back selective information that could potentially affect the financial health of the organization.

  • Clinical Research Organization

    THE FINANCIAL PERSPECTIVE The financial perspective identifies the financial goals and objectives of healthcare entities.

  • Healthcare Financial Management

    Based on the financial data, conduct a financial projection (revenues, expenses, and profit) that analyzes the efficiency of the supply of health services.

  • Complexity of Leadership in Healthcare

    The healthcare industry environment is highly complex due to the fact that it is comprised of administrative environments, surgical environments, therapeutic environments, industrial environments, as well as business environments that involve the Board

  • Financial Management

    Following are some of the health management associations, which a person may join to enhance the organizational effectiveness- Healthcare Financial Management Associations (HFMA) - By joining the healthcare financial management association, the contribution

View More Related Solutions