For this dialogue, that it is possible you’ll perchance be required to kind some homework.
First, establish a publicly traded for-earnings neatly being care firm all over the United States. This could perchance well also very neatly be a firm like HCA, Pfizer, Merck, Johnson & Johnson, Tenet Healthcare, Walgreens, and plenty others. Hotfoot to the firm web location and discover the ‘investor family’ page (names for this page could perchance even vary) and discover the financial records for the firm. For publicly traded corporations, the 10K affords the annual financial document. Firm annual experiences could perchance even additionally dangle summarized financial records.
2nd, establish a no longer-for-earnings or charitable group of your replacement. This could perchance contain a local no longer-for-earnings sanatorium device or assorted healthcare-connected charitable group. Hotfoot to the group’s web location and discover any financial records that it is possible you’ll perchance well presumably decide up. This could perchance require extra due diligence than what became once required with the for-earnings firm you chose. Annual experiences could perchance dangle some financial records, but some organizations could perchance even additionally provide financial records on their web location.
When you glean got carried out the research to your two organizations, respond to the next questions:
- How straightforward became once it to decide up financial records on each and every of the organizations you chose?
- What are 3 – 5 variations between the financial statements of each and every catch of group?
- Why kind you think there is a incompatibility within the degree of financial factor offered by the two kinds of group?
- For your concept, can glean to mild both kinds of group glean the same financial reporting necessities?
- Not-for-profits revel within the earnings of no longer being taxed on the local, order, or federal degree. In some conditions, the degree of local charitable strengthen has no longer been sufficient for civic leaders. Has your charitable group ever been challenged for the degree of strengthen they give (kind a Google search)?
- For-earnings neatly being care corporations provide care but device a earnings within the course of. Are there any ethical considerations which are price noting about for-earnings neatly being care? Does your chosen for-earnings group overcome any possible ethical considerations?
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