PBHE 315 Research Paper Assignment – Profit versus Non-profit Hospitals

Research Paper Outline Assignment Profit versus Non-profit Hospitals Introduction/Thesis Statement There are several different forms of hospitals in the United States. Each hospital is visited by thousands seeking a healthier life. The purpose of this paper is to compare profit versus non-profit hospitals and display why profit hospitals are the more preferred hospital and generate a better form of healthcare that assist with those seeking to achieve a healthier life. This paper will discuss how funds are raised, how profit is able to invest in better medical procedures, and how profit services provide a generally better service than non-profit by comparison. Body of Paper 1. Funding a. Non-profit b. Profit 2. Invest in care a. Share holder b. Community based 3. Statistical comparison a. Mortality rates b. Patient numbers c. Preference in care Conclusion This paper has demonstrated that although both profit and non-profit hospitals each have their struggles and pros and cons profit hospitals are better. Profit hospitals are better because of their ability to raise funds, achieve better medical procedures, and provide better service overall. References: Rushing, W.. (1974). Differences in Profit and Nonprofit Organizations: A Study of Effectiveness and Efficiency in General Short-Stay Hospitals. Administrative Science Quarterly, 19(4), 474–484..org/10.2307/2391804″>http://doi.org/10.2307/2391804 Bryant-Friedland, B. (1997, May 26). FOR-PROFIT versus NON-PROFIT A national debate over the community benefit of hospitals enters local arena. Florida Times Union Retrieved from.proquest.com/docview/414042200?accountid=8289″>http://search.proquest.com/docview/414042200?accountid=8289 Gandhi, S. O. (2012). Differences between non-profit and for-profit hospices: Patient selection and quality. International Journal of Health Care Finance and Economics, 12(2), 107-27. doi:http://dx.doi.org/10.1007/s10754-012-9109-y Canton Compass. (2014, July 16). Capitol Connection: Understanding the Difference Between Nonprofit & For-Profit Hospitals – Canton Compass | Canton Compass. Retrieved from http://cantoncompass.com/2014/4024/capitol-connection-understanding-difference-nonprofit-profit-hospitals/ Folland, S., Goodman, A. C., & Stano, M. (2007). Managed Care. In The economics of health and health care. Upper Saddle River, NJ: Pearson Prentice Hall. Weisbrod, B. A. (1998). To profit or not to profit: The commercial transformation of the nonprofit sector. Cambridge, United Kingdom: Cambridge University Press