Need help with your Discussion

Get a timely done, PLAGIARISM-FREE paper
from our highly-qualified writers!

glass
pen
clip
papers
heaphones

Healthcare-Discussion Response

Healthcare-Discussion Response

Sample Answer 

Healthcare-Discussion Response

Hello,

Great post! I agree with you; for-profit corporations aim to maximize shareholder wealth. Due to the financial pressure, the level of operational discipline is higher than that of not-for-profits. In such businesses, staff members are most likely to put in extra effort to achieve financial targets. Not-for-profits focus on their mission statement and serve society.

I also agree that for-profits provide a better quality of care than not-for-profit organizations. In for-profit corporations, clients should see the value of their money and receive better care. Tax laws are important in making appropriate financing decisions. Good public opinion can contribute significantly to the growth of a corporation.

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Question 


Healthcare-Discussion Response

In 50 – 100 words, respond to one of your peers by introducing new information to support their response, or by respectfully providing an alternate point of view.
(PLEASE READ MY CLASSMATES ANSWERS AND RESPOND TO THEM PROVIDE NEW INFORMATION TO SUPPORT THEIR RESPONSE, OR BY RESPECTFULLY PROVIDING AN ALTERNATE POINT OF VIEW). EVERYTHING IN YOUR OWN WORDS.

Healthcare-Discussion Response

Healthcare-Discussion Response

1. How does for-profit or not-for-profit status influence the practice of finance? In answering, consider the financial and organizational goals of for-profit and not-for-profit corporations.
A for-profit business’ primary goal is to maximize the shareholder’s wealth. This may result in financial decisions that specifically bring in a profit to the business, whether it brings quality care to patients or not.
On the other hand, a non-for-profit’s goal is to serve the community via their mission statement. I believe this business will navigate their finances with caution as the amount of profit they do make, will be used to subsidize patients service, obtain new technology to improve quality of care and be used for emergencies and/or replacing old equipment.

2. In your opinion, how might the financial goals of for-profits and not-for-profits influence the quality of care provided? And should it?
As for-profit corporation have the financial means to provide more care, there is a higher chance of them providing quality care for patients. Sadly, I believe those decisions are made solely with the intention of making a profit and the quality of care is left to chance.

3. Why is it important for healthcare managers to understand tax laws?  It is important for managers to understand tax laws because of corporate income taxes and government expenditures and subsidies.

4. Lastly, what was the most interesting piece of information you learned in this week’s lesson? Share any thoughts on the content you encountered this week.  I was very excited to further understand how the stock market works and how it public opinion and investing influences a corporations success/dow

Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter


1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.

We Can Write It for You! Enjoy 20% OFF on This Order. Use Code SAVE20

Stuck with your Assignment?

Enjoy 20% OFF Today
Use code SAVE20