Essay regarding Financial Surroundings Worksheet WK1

University of Phoenix Materials

Financial Environments Worksheet

Determine three instances of entities with for-profit, not-for-profit, and government financial conditions in the healthcare industry. Evaluate the comparison between the for-profit, not-for-profit, and government monetary environments.

For-Profit

Not-for-Profit

Authorities

Examples

1 ) Private Techniques

2 . Group Practice

a few. Outpatient Operative Centers

1 . Hospitals

2 . American Red Combination

3. Alzheimer's Association

1 . Veterans Hostipal wards

2 . Regional Health Centers

3. Office of Alcoholism & Substance Abuse Services

Similarities

The commonalities is that most medical offices compared to hospitals or government entities accept most insurance policies. Funding is primarily via insurance companies, private sources, and self-pay. Some private procedures more appropriate to Treatment than Medical planning but maintain a heavy volume of patient attention in each setting. Not-for profit agencies are facing similarities with governmental agencies and for-profit entities as a result of current improvements considered to provide insurance for the uninsured. The Affordable Treatment Act can help individuals with receiving care however , the changes with reduce the net income based on the funding pertaining to Medicaid and Medicare (Scalesse, 2013). Each entity supplies support for the community with providing quality services to individuals. Officials work together with other organizations with producing laws and regulations in providing proper care and providers. In addition , every entity gives education to the patients. Differences

The difference between groups is the increasing costs of amounts and financial slopes is definitely causing establishments to convert or deal with a cash out from bigger medical practices or groupings. " In accordance to Scalesse (2013), the lady states, " The downward economic pattern and related unemployment rates have considerably increased the cost of providing care to the poor and uninsured” (p. 38)....

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