Outline For Not-For-Profit versus For-Profit Healthcare Organizations

Outline For Not-For-Profit versus For-Profit Healthcare Organizations

Outline 

Introduction

• Not-for-profit healthcare organizations, also known as nonprofit or charitable organizations, are entities that operate with the primary objective of benefiting the community and promoting public welfare.
• These organizations typically reinvest their surplus revenues into improving healthcare services and community programs rather than distributing profits to owners or shareholders.

Thesis Statement

• This paper aims to analyze and compare the key differences between not-for-profit and for-profit healthcare organizations, examining their impact on healthcare delivery, quality, access, and cost.

Paragraph I

• The issue of not-for-profit versus for-profit healthcare organizations is a healthcare economics issue (Xue et al., 2023).
• It directly impacts the allocation and utilization of healthcare resources, the cost of healthcare services, and the overall efficiency and effectiveness of healthcare delivery systems.
• Understanding the economic implications of different organizational structures is essential for making informed decisions about healthcare policies, resource allocation, and improving healthcare’s overall value and affordability.

Paragraph II

• The major parties involved in not-for-profit versus for-profit healthcare organizations include healthcare providers, such as hospitals and clinics, healthcare administrators and executives, policymakers, government agencies, insurance companies, and patients/consumers of healthcare services.

Paragraph III

• Market forces that have an impact on not-for-profit versus for-profit healthcare organizations include supply and demand dynamics (Graham et al., 2023).
• Other market forces are competition among healthcare providers, pricing strategies, financial incentives for investors and shareholders, consumer preferences and choices, and government regulations and policies that shape the healthcare market.

Paragraph IV

• Demand in the issue of not-for-profit versus for-profit healthcare organizations is illustrated through the preferences and choices of patients and consumers in selecting healthcare providers, the utilization of healthcare services, and the willingness to pay for those services.

Paragraph V

• Supply in the issue of not-for-profit versus for-profit healthcare organizations is illustrated by the availability and provision of healthcare services by different types of organizations (Ooms et al., 2022).
• These include the number and distribution of hospitals, clinics, healthcare professionals and the resources and capabilities they possess to meet the demand for healthcare services.

 Paragraph VI

• The Affordable Care Act (ACA), enacted in 2010, has significantly impacted the issue of not-for-profit versus for-profit healthcare organizations (Puro et al., 2022).
• The ACA introduced several provisions aimed at expanding access to healthcare and improving affordability, such as establishing health insurance exchanges, Medicaid expansion, and the individual mandate.

Paragraph VII

• Health disparities are demonstrated in the issue of not-for-profit versus for-profit healthcare organizations through differential access to healthcare services and disparities in health outcomes among different socioeconomic groups.
• Not-for-profit organizations often have a mission to serve underserved populations and marginalized communities (Edeigba & Singh, 2021).

Paragraph VIII

• In other global markets, this issue has been improved through the establishment of robust public healthcare systems that prioritize universal access to care, equitable distribution of resources, and comprehensive health coverage.
• Strong government regulations and oversight have been implemented to ensure transparency, efficiency, and accountability in both not-for-profit and for-profit healthcare organizations (Petrovits & Yetman, 2022).

Paragraph IX

• A recommendation for making improvements in the context of not-for-profit versus for-profit healthcare organizations is to strike a balance between the social mission of healthcare and financial sustainability.
• This can be achieved by implementing policies and incentives that encourage collaboration between not-for-profit and for-profit entities, fostering innovation, efficiency, and equitable access to healthcare services.

 Conclusion

• It is expected that not-for-profit organizations will demonstrate a stronger focus on community benefit, accessibility of care, and alignment with social missions, while for-profit organizations may exhibit greater financial incentives, market competition, and potential for innovation.
• Understanding these distinctions and their implications can inform policy decisions and foster a healthcare system that combines the strengths of both types of organizations to achieve optimal outcomes in terms of quality, access, and cost-effectiveness.

References

Edeigba, J., & Singh, D. (2021). Nonfinancial resource management: A qualitative study of retention and engagement in not-for-profit community fund management organisation. Asia Pacific Management Review. https://doi.org/10.1016/j.apmrv.2021.05.005

Graham, C., Himick, D., & Nappert, P.-L. (2023). The dissipation of corporate accountability: Deaths of the elderly in for-profit care homes during the coronavirus pandemic. Critical Perspectives on Accounting, 102595. https://doi.org/10.1016/j.cpa.2023.102595

Ooms, G. I., van Oirschot, J., Okemo, D., Reed, T., van den Ham, H. A., & Mantel-Teeuwisse, A. K. (2022). Healthcare workers’ perspectives on access to sexual and reproductive health services in the public, private and private not-for-profit sectors: insights from Kenya, Tanzania, Uganda and Zambia. BMC Health Services Research, 22(1). https://doi.org/10.1186/s12913-022-08249-y

Petrovits, C., & Yetman, M. (2022). Governance of Nonprofit Organizations. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4318117

Puro, N., Cronin, C. E., Franz, B., & Singh, S. (2022). Exploring the Role of Community Social Capital in Not-for-profit Hospitals’ Decision to Engage Community Partners in the Community Health Needs Assessment Process. Medical Care Research and Review, 107755872211242. https://doi.org/10.1177/10775587221124238

Xue, Q., Dong Roman Xu, Cheng, T. C., Pan, J., & Yip, W. (2023). The relationship between hospital ownership, in-hospital mortality, and medical expenses: an analysis of three common conditions in China. 81(1). https://doi.org/10.1186/s13690-023-01029-y

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The final project for this course is a Research Paper. The first two assignments will help you find the tools needed to prepare and gradually build your final research paper. The research paper for this course will be argumentative. The argumentative research paper requires you to take a position on an issue and support the position with persuasive facts and statements.
First, select a Research Paper TOPIC that can be assessed using health care economics principles.
Please choose from the following topics the issue you are going to discuss.

Not-for-profit versus for profit

Second, provide your research paper with the following OUTLINE (Your final paper assignment should include a detail explanation of this outline):
a. Introduction -Your introduction should give a brief overview of the topic you are going to discuss. The last sentence of your introduction section should be your thesis statement. Your thesis statement should start with – The purpose of this paper is to…..

b. Body of paper – The body of your paper should organize how you plan to address each required section of the paper. Each supporting item is then broken down into smaller supporting items.

An overview of the issue
Why is this issue a concern from a health care economics perspective?
Who are the major parties involved in this issue?
Which market forces have an impact on this issue?
How is demand illustrated in this issue?
How is supply illustrated in this issue?
How has the affordable care act impacted this issue?
How are health disparities demonstrated in this issue?
How has this issue been improved in other global markets?
What is your recommendation for making improvements based on economic principles?
c. Conclusion – The conclusion of your paper should summarize your thesis statement and the supporting items discussed in your paper. In this outline, please indicate what you expect the finding to be.

d. References – Provide list of five (5) bibliographic references (using APA format). Your final research paper will require seven (7) bibliographic references. (You may use your textbook as a reference and you should have a minimum of 6 academic outside references including 3 peer-reviewed journal articles