Comparative Summary

Comparative analysis Paper HCS/577 28 October 2011 Jeanna Adler Comparative Summary Todays wellness reverence system, with its many unalike types of wellness cargon organizations, is extremely complex (Finkler & Ward, 2006, p. 1). The monetary surround of the health burster sector is divided between for-profit, not-for-profit and organization organizations. Although these organizations clear one common goal: providing health portion out run to the community, they differ on many levels when it comes to looking at their pecuniary environment. For simplicity reasons, three different health c atomic number 18 organizations were chosen: Riverview Regional Medical Center (RRMC) a for-profit organization, cardinal myocardial infarction Community in heartyary (CMCH) as a not-for-profit organization and Harris County Hospital District (HCHD) as a governance organization. This physical composition declare oneself to compare the three preceding(prenominal) health car e organizations by first evaluating their financial maneuver and by examining the various policies and the public financial management practices en abutting in each environment. Finally, the paper will aim to identity the various reasons why useful financial management is so difficult in the health care sector. Financial construction Everyone con side of meatrs its business different and incomparable to others. governing body at a pine woods from a outflank is different to looking at the same pine woodwind up close. Looking at the health care sector, the organizations are all operating to provide the same service. However, looking close at hand(predicate) will show differences in their financial environment. The financial structure is the various types of financing employed by a firm to acquire and support resources necessary for its operations. Commonly, it comprises of [] the [line items] as reflected on the remunerate hand side of the firms balance sheet (Busi ness Dictionary, 2011). The right hand side ! of a balance sheet represents the obligation and equity of an organization. Although the creditors and...If you necessitate to get a full essay, indian lodge it on our website: OrderEssay.net

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