Profit and Non-profit organizations make up the core of American business culture and charitable services. Nonprofits organizations like The American Kidney depend on donations and grants from individuals, government supplements, and corporations. For profit organizations like The Dallas Opera depends on revenue from sales and contributions to meet the needs of their mission. While both The American Kidney Fund and The Dallas Opera have different corporate cultures that require support from outside sources, they each must display ethical values to support the financial needs of the institution; and to the recipients of services provided. In this, both companies set a mission and company profile to display to illustrate why their organizations are worthy of financial support and outreach from the community.
The American Kidney Fund (AKF) was founded in 1971, to help any single individual with kidney failure pay for dialysis. More than 40 years later, AKF has become the leading source of direct financial aid to dialysis patients across the nation. The American Kidney Fund leads the nation in providing charitable assistance to dialysis patients who need help with the costs associated with treating kidney failure. The American Kidney Fund (AKF) is a major publicly supported 501(c)(3) non-profit organization. AKF is provides treatment-related financial assistance to dialysis patients and for kidney disease education and prevention programs. AKF provides grants that
In addition to my experience in advising and student affairs, I have also worked as a professional in financial aid for the past eight years. During my time in financial aid I have seen first-hand the challenges students face with the cost of obtaining a higher education degree. My role in financial aid has evolved over my career while exploring the theoretical
This paper will discuss about organizational structure, philosophies and business practices of for-profit healthcare organizations and non-profit organizations. The most essential dissimilarity between nonprofit and for-profit organizations is the reason they exist. As for-profit organization in healthcare, they are generally found to generate income for entrepreneurs and their employees. However, nonprofits are generally found to serve a humanitarian or environmental need. Furthermore, nonprofits an organization does not pay property taxes due to a consideration of a charity and they establish a certain community in agreement with state and federal
P.S. Donations to the Goucher General Fund support a variety programs, from merit and need-based
receive donations which is the lifeblood of an charity or non-profit. This paper will discuss the
David Trujillo is a 29-year-old man who was born with renal dysplasia, which caused his kidneys to be too small to work correctly. He has needed four kidney transplants in his life, receiving the first when he was four years old. One kidney came from his father, his aunt, his uncle, and his brother. All four transplants have been successful, and without the transplants Trujillo would have to receive dialysis three times a week for four hours a day (Knoll, 2012). Trujillo’s family has been remarkably generous in donating their own kidneys to keep Trujillo alive. Others, however, are not as lucky as Trujillo.
The Belvoir Primary clinic will obtain payment from a variety of payers. Since 45% of the clinic’s enrolled patients have commercial insurance this will be the clinic primary source of revenue. The clinic’s second largest source of revenue will come from Medicare with 35% of the clinics population enrolled in the program. Finally, additional income will be generated from the clinic’s Medicaid beneficiaries and private payers. To maximize profitability, the clinic must capitalize on its PCMH status by identifying new federal, state, and commercial opportunities for revenue. The PCMH model expands current revenue streams by qualifying practices for transition support fees, care coordination/care management fees, shared savings, and pay-for-performance incentives (Gray & Arnovich, 2016).
A not-for-profit organization responsible for the provision of leisure services would be Boys & Girls Club. This is an organization that truly holds up the values of being a not-for-profit organization. Their mission is "To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens" (Boys & Girls Clubs of America, 2013). With a mission such as this it is obvious that this is an organization that is about the youth and enabling them to grow as individuals.
Until spending time in the nonprofit program at Johnson, I never considered the many different tasks associated with starting a nonprofit. Additionally, through growing up at a long-established nonprofit, I took for granted the work involved in establishing it as a 501(c)(3) nonprofit. The IRS website provides explanation for the many these required tasks needed to file for tax-exemption status. Filing the articles of incorporation and establishing bylaws remain crucial for an organization to receive recognition as a legal entity. However, establishing a nonprofit involves a great deal more than simply attaining tax-exemption status. Tschirhart and Bielefeld highlight many of these aspects, such as developing the mission and vision statements of the organization (Tschirhart and Bielefeld 49). As the reading from last week discussed, evaluating and acquiring resources for an organization should stem from the mission of an organization. Even more so, in order for that to take place, the organization needs established with a mission that will keep it rooted in its cause and a vision
Unfortunately, Robert never had health insurance, due to his choice of employment, and his employers did not offer health benefits. Robert disregarded his health and avoided going to the Doctor for regular check-ups. In his late twenty’s Robert’s high blood pressure escalated to renal kidney failure that could not be a cure. Luckily, for Robert Medicare has an unusual clause in their insurance coverage; End Stage Renal Disease program for anyone who suffers from renal failure qualify for insurance since under the special status his age and income did not affect his eligibility. He received a kidney transplant and continues his health care routine by having dialysis a twice a week at Neomedica Dialysis Center. Robert’s attending physician Dr. Lang is
This paper will show the expense and revenue for the Help Hope Live charitable organization. This organization had its beginning in 1982 and has a mission to help individuals with organ, stem cell or tissue transplant expenses. It also helps with catastrophic injuries and diseases.
Ms. Brantly has been a nurse for 20 years and currently works in a dialysis clinic. She is the administrator for the clinic, along with twelve other outlying clinics throughout New Mexico. The questions and responses that Ms. Brantly’s provided during her visit to class are listed.
Congress mandated QIP, as part of the dialysis bundle reform, which will result in payment decrease to providers who do not meet certain quality metrics. These quality measurements could avert the possibilities of harmful incentive effects (Gupta, C., Chertow, Linthicum, Van Nuys, Belozeroff, Quarles, & Lakdawalla, 2014). The CMS is working to develop a comprehensive quality monitoring initiatives to avoid problems associated with incentives to stint on care. This type of approach could be a significant tool for avoiding and solving the issues of incentives versus quality care (United States Government Accountability Office, 2011). This SE MI clinic is currently struggling to meet Dialysis Quality Indicators (DQI) doing poorly in bone demineralization and access managements, and could mean potential reductions on their bundled payments. The company would have to be more efficient in other budget measures including labor productivity and trimming of supply cost. Cost-containment measures such as staffing shortages can significantly affect quality care (Thomas-Hawkins, Denno, Currier, & Wick,
Trivedi, MD, MPH, A. (Ed.). (n.d.). Health Care Financing. Retrieved April 6, 2015, from Smith, M. (Ed.). (2013, February 1
The Annual Fund at Cal Poly Pomona plays a pivotal role in the advancement of our university. With our national economic crisis and massive state budget cuts, over the last seven years support from the state toward it’s universities has drastically decreased and now only accounts for one third of Cal Poly Pomona’s entire budget. The other two thirds university funds comes from tuition and private support. The Annual Fund is a segment of university advancement and consists of 34 student callers, a phonathon coordinator, assistant and Director of Leadership Annual Giving.
Disadvantages for non-profit hospitals is they are not owned by anyone; meaning that some non-profit hospitals may not be able to afford all of the latest technology or sometimes offering the cost-effective services when operating in lower-income areas. Non-Profit hospitals have “higher operating costs because of a high amount of uncompensated care and the charitable component of their operations” (Kovner & Knickman, 2008).