Nonprofit Private, For Profit: Case Study

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Issue Public Private, Nonprofit Private, For Profit Exempt from income taxes YES YES NO Exempt from property taxes YES YES NO Eligible for tax deductible donations YES YES NO Able to use tax exempt bond financing YES YES NO Able to use equity financing NO NO YES Able to use employee incentives of stock options NO NO YES Subject to public oversight and control YES NO Partial Subject to public employment laws YES NO YES Obligated to provide charity care YES YES NO Subject to restrictions on use of public funds YES NO NO Subject to IRS rules for 501c (3) corporations NO YES NO Recommendation It is my recommendation that the county attest and allow a private; nonprofit organization to be placed on the county land. It appears…show more content…
What makes health care different? In the healthcare system, federal and state regulation can be used to accomplish several important goals (Harris, 2011, p. 62). These include, to protect the public health by preventing and controlling communicable disease and protecting the public against bioterrorism, to promote the quality of healthcare services provided by facilities and individual practitioners, to reduce healthcare costs and promote access to care, and to protect consumers in the market for health insurance and other types of coverage (Harris, 2011, p. 62). While I would agree that it should be operated under more of a free enterprise system it is items such as these that make it important for the government involved. Healthcare is very different from other free enterprise systems as there are many licensures that are required by various professionals and facilities, and some choose self-regulation via accreditation facilities. There is also a huge regulation due to the need of cost containment via certificate of need laws. These laws ensure that healthcare organizations are not just built on top of each other increasing cost for the consumer. This makes healthcare different from other organizations. Why don't we just let government take over all of health care and quit pretending it's a competitive business…show more content…
I believe that this is a great way to help reduce healthcare cost, however, I do believe that there should be verbiage that allowed for higher pay outs dependent on the situation. Should a patient be able to sue for millions of dollars for a mistake that did not lead to a significant event or death? I do not believe that this should be allowed and should be capped. If the negligence leads to death or significant injury (i.e. laterality issue much like amputation of the incorrect limb); I believe that this does deserve to be compensated accordingly and not be capped. Outrageous verdicts are undermining the healthcare system; causing malpractice to rise and leading to increase in physician charges to compensate for these charges. I truly do not believe that it should be an uneducated (medically) jury members making the decision as to price yet should be educated medical professionals along with a judge that makes such decision. A uniform federal cap of $250,000 dollars is definitely a start, but is not the answer to what troubles today’s healthcare system. It’s the initiation of Obamacare, erroneous lawsuits, and the pure lack of thought that comes from our congressmen as it relates to decisions from the Centers of Medicaid and Medicare that leads to our troublesome and futuristically failing healthcare system. Placing patients

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