HCS/577
January 17, 2011
Sharon Gomes-Sanders
Comparative Summary
Newport wellness C atomic number 18 philia is a for-profit nursing home located in Newport, Vermont. This preparedness contains 50 beds in which 92% of the beds are currently filled (Newport health Care Center, nd.). This is a sole proprietorship corporation. Rutland Regional aesculapian Center is a not-for-profit infirmary located in Rutland, Vermont. The hospital has 188 beds and offers 38 specialties for patients (Rutland Regional medical exam Center, nd.). White River Junction VA wellness check Center is a governmental health care entity. This celerity is a 60 bed acute care facility that treats anyone who is or was a member of the armed forces (White River Junction VA Medical Center, nd.). Comparisons of these three entities includes a look at the financial structures, policies that are unique to apiece, management practices that are prevalent and why in force(p) financial management is more difficult in health care than in other industries.
The Financial Structure of separately Financial Environment
The Newport Health Care Center is set up as a for-profit corporation with no fivefold owners (Newport Health Care Center, nd.). All profits can be utilise at the discretion of the owner.
Some owners may choose to take away some of the excess funds and put them into the organization or use them for an increase in personal income. If there are investors the profits would be distributed among investors. If there is a board of directors each share of stock entitles the owner to one vote and for multiple shares there are multiple votes. Rutland Regional Medical Center is a not-for-profit organization. As a not-for-profit organization there is no stock to prove ownership there are yet members and supporters of the organization. Excess profits are put back into the hospital to expand services or offer more charitable services to patients. The White River Junction VA Medical Center is a government run health care...If you want to get a full essay, order it on our website: Ordercustompaper.com
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