Profit and Non profit

For Profit vs. Not For Profit

Private, nongovernmental healthcare organizations may be either for profit (FP) or not for profit (NFP).

· Discuss the difference between not-for-profit and for-profit organizations.

· What happens if an NFP organization makes a profit?

· What are the advantages and disadvantages of each type of organization?

· Describe two specific examples of how risk management has influenced nursing documentation.

 

Submission Instructions:

· Your initial post should be at least 600 words, formatted and cited in current APA style with support from at least 3 academic sources.

· You should respond (150 words each) to two of your peers by extending, refuting/correcting, or adding additional nuance to their posts.