Homework: Regulatory Environment in Health Care
Directions
Complete the Problem on page 431 in the text titled "Choosing a Corporate Form" in a one to two-page paper. Submit your solution to your instructor. See the document for the background on Marcus Welby Hospital here.
Marcus Welby Hospital has decided to form an HMO in which it wants to give physicians a major stake, in order to foster allegiance and encourage cost-effective treatment. You are consulted as a legal and management expert to advise the hospital on the consequences of forming the HMO as a nonprofit versus a for-profit entity. What are the relevant considerations with respect to tax exemption, the ability to raise capital, the role of physicians, and operational constraints?
The Law of Health Care Finance & Regulation.
Textbook: Umiker's Management Skills for the New Health Care Supervisor by Charles R. McConnell.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.