Financial Structure Essay

306 words - 2 pages

Financial Environment Worksheet
LaKisha Carter
University Of Phoenix
HCS/ 577
Michelle Gomillion
November 18, 2013
Financial Environment Worksheet
Financial Environments Worksheet

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

| |For-Profit |Not-for-Profit |Government |
|Exampl|1.Tenet Health Care |1. American Cancer Association |1. Veterans Affair |
|es |2. Blue Cross/ Blue Shield |2. Kaiser Permanente |2.Mayo Clinic ...view middle of the document...

|rules |
| |Maximizes profits |Charitable purpose |No shareholders |
| |Decides what services to offer based |Has a Board of trustees | |
| |on service profitability | | |
| |Has shareholders | | |

References

(Finkler S A Ward D M 2006 Accounting fundementals for healthcare management)Finkler, S. A., & Ward, D. M. (2006). Accounting fundamentals for healthcare management (1 ed.). Sudbury, MA: Jones and Bartlett.
(Gapenski L C 2008 financial environment)Gapenski, L. C. (2008). The financial environment. In Health care finance: An introduction to accounting and financial management (4 ed., pp. 25-40). Chicago, IL: Health Administration Press.
(Horwitz J R 201107 Making profits and providing care: Comparing non profit, for profit and governament hospitals.)Horwitz, J. R. (2011, July). Making profits and providing care: Comparing nonprofit, for profit and government hospitals. Retrieved November 15, 2013, from http://healthaffairs.org
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