Using information from your outside research, compare and contrast the differences between private and public healthcare entities.
In your comparison, respond to these questions:
How are “profits” distributed in a public healthcare entity and how are profits distributed in a private healthcare entity? How do the differences in the types of healthcare entities affect the way profits are distributed?
Explain the effect of private practice physicians (who essentially drive the intake portion of the hospital business) on a public hospital.
Who does the physician report up to— if anyone—in a healthcare entity? How does this differ from a typical private organization?
How does the organizational difference between the two types of entities dictate the way costs are calculated and resources allocated?