HCM 307 Discuss one difference between a non-profit and for-profit hospital in your community

HCM 307 Discuss one difference between a non-profit and for-profit hospital in your community

HCM 307 Discuss one difference between a non-profit and for-profit hospital in your community

The need to improve access and quality of care has led to the development and deployment of innovative models like the use of retail clinics and more physician offices or primary care offices. Through these innovative models, patients can access care at reduced or affordable prices and attain better care. Physician offices are independently run by physicians, especially family physicians, and offer a variety of services focused on longer-term care, wellness, and health stability. In my community, primary care physicians (PCPs) are a valuable asset to patients due to the robust interactions and relationship that they establish with patients and families (Alexander et al., 2019). Through these relationships, the primary care provider improves the management of a patient’s health, offers patient education and counseling and promotes overall wellness goals. Physician or primary care offices are staffed by physicians. There are several examples of these offices, including Dr. Simon Albright’s Office.

Retail health clinics are generally walk-in clinics located in supermarkets, malls, pharmacies, and retail outlets. Physician assistants and nurse practitioners staff the retail clinics. Every ritual clinic provides unique or different services and treatments to patients (Goode et al., 2019). For instance, some may administer vaccines and physicals while others focus on treatment of minor injuries and illnesses like strep throat. In most cases, retail clinics use a walk-in model but others may prefer having appointments. Retail clinics include those found in Target retail chain that operates in my community.

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There are differences between a retail clinic and a physician office. Firstly, retail clinics are mainly walk-in offices

HCM 307 Discuss one difference between a non-profit and for-profit hospital in your community
HCM 307 Discuss one difference between a non-profit and for-profit hospital in your community

and ideal for patients who are travelers and for illnesses that may not require scheduling an appointment. Primary care physician offices require appointment and deal with patients who are residents within their geographical area (Rubin, 2020). Secondly, retail clinics may not have a comprehensive patient history and will only need information that one provides to them. However, physician offices have information concerning a patient’s prescriptions, family history and can pull one’s personal records. Thirdly, retail clinics are staffed by nurse practitioners and physician assistants as a means of reducing the overall cost of care while physician offices are mainly staffed by physicians. Fourthly, primary care providers can make referrals and responsible for providing preventive services that include vaccinations, physicals and check-up, screening and blood work. They also help with the management of chronic conditions like diabetes and asthma (Rubin, 2020). Conversely, retail clinics may not have the capacity to undertake these increased roles because of the competencies of the nurse practitioners and physician assistants who staff these organizations. Physician offices can also offer specialty referrals when they identify any outstanding healthcare risks or concerns. However, retail clinics are limited in their care capabilities. Further, their operating hours vary significantly but mainly between 8 a.m. and 8 p.m. On their part, physician offices operate strictly during regular business hours.

Hospitals can operate as non-profit organizations or for-profit entities. The core difference between these two structure of healthcare provision is the intent or mission of their formation. In most cases, non-profits are considered as charities and are exempted from payment of taxes, from the local to the federal level. In fulfilling their charitable purpose and focus on community, nonprofit hospitals are in most cases affiliated with certain religious denomination. Based on this foundation, their main intent is to offer services targeted at certain health population (Teeple et al., 2019). Conversely, for-profit hospitals are owned by investors and shareholders who may have a publicly-traded company as the main owner of the facility. The Internal Revenue Services (IRS) classifies not-for-profit hospitals as charities and expects them to channel their additional resources to the communities that they serve to benefit them unlike for-profit whose aim is to generate profits or additional income for shareholders.

References

Alexander, D., Currie, J., & Schnell, M. (2019). Check up before you check out: Retail clinics

and emergency room use. Journal of Public Economics, 178, 104050.

DOI: 10.1016/j.jpubeco.2019.104050

Goode, J. V., Owen, J., Page, A., & Gatewood, S. (2019). Community-based pharmacy practice

innovation and the role of the community-based pharmacist practitioner in the United States. Pharmacy, 7(3), 106. DOI: 10.3390/pharmacy7030106.

Rubin, R. (2020). COVID-19’s crushing effects on medical practices, some of which might not

survive. Jama, 324(4), 321-323. DOI:10.1001/jama.2020.11254

Teeple, A., Ellis, L. A., Huff, L., Reynolds, C., Ginsburg, S., Howard, L., … & Curtis, J. R.

(2019). Physician attitudes about non-medical switching to biosimilars: results from an online physician survey in the United States. Current medical research and opinion, 35(4), 611-617. DOI: 10.1080/03007995.2019.1571296.