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The three major types of hospital by ownership are public, private and voluntary hospitals. This essay will discuss the nature of each of these types of hospitals, and the differences between them.
Public hospitals are hospitals funded by governmental funds, whether they originate from the local, state, federal or county levels. Public hospitals have a fiduciary duty to care for their patients, which by law, are all individuals who enter the hospital seeking treatment. This is because the public hospital, as a taxpayer-funded institution, has a duty to care for the general public. Public hospitals are typically the largest in size, with the 2014 American Hospital Association’s annual survey indicating that about 51% of all hospitals in America are public hospital, with the lion’s share of admissions (at nearly 34 million) going to public hospitals.[1]
Private , or for-profit, hospitals XXX XXXXXXXXX run as XXXXXXXXXXXX. XXX owners of these hospitals XXX the shareholders. Private hospitals XXXX a board of management and a C-XXXXX executive team XXXXX responsibilities are to their shareholders XXX XXXXX stakeholders.[2] XX XXXXX shareholders, XXX XXXXXXX XXXXXXXX must XX XXXXXXXXXXX XXXXXXXXXXX, and XXXXXXX a XXXXXXXX XXXX of return on XXXXXXXXXX as XXXXXX XXXXXXXXXXX XX XXXXXXXXXXXX. XX XXXXX XXXXXXXXXXXX, such XX XXXXXXXXXXXXXX XXXXXXXXX, patients, XXX healthcare providers, private XXXXXXXXX must balance their XXXXXXXXX XXX XXXXXXX their XXXXXXXXX duty to XXXX for patients. Private XXXXXXXXX, XX privately-XXX XXXXXXXXX, do not XXXX to XXXXXX everyone XXX comes XX the XXXXXXXX seeking XXXXXXXXX. They XXXX XXX XXXXXXXX XX XXX XXXXXX in healthcare, XXXX XXXX XX% of hospitals in XXXXXXX being XXXXXXX XXXXXXXXX, XXXXXXXXXXXX hosting only X million XXXXXXXXXX annually, according to XXX 2014 XXXXXXXX Hospital Association’s XXXXXX XXXXXX.[3]
XXXXXXX, voluntary, or XXX-profit XXXXXXXXX XXX hospitals XXXXX and run by third-XXXXX organizations such as XXXXXXXXX and XXXXXXXXX XXXXXXXXXXXX, XXXXX XXX not XXXXXX largely by XXXXXXX capital or governmental funding. These voluntary XXXXXXXXX XXX to steward XXX XXXXX provided by XXXXX XXXXX XXXXXXXXXXXXX in a XXXXXXXXXXX XXX, while XXXX maintaining XXXXX XXXXXXXXX obligations to XXXX XXX XXXXXXXX.[4] XXXXXXXXX or non-profit XXXXXXXXX XXX XXXXXXXXX the XXXXXXXX segment XX XXX XXXXXXXXXX market, accounting for under XX% of hospitals XXX less XXXX 1 million XXXXXXXXXX annually, XXX to the constraints in financing that XXXX XXXX.[X] Voluntary or XXX-profit hospitals XXX XXXX XXXXXXXXX XXX up to advance a mission, such as a XXXXXXXXX XXXXXXXX to XXXXXXXXXXXXXXX communities.
The differences XXXXXXX XXX XXXXXXXXX XXX XX XXXXXXX. XXXXXXXX, in XXXXX XX size, XXX public XXXXXXXXX XXX XXXXXXX, XXXXXXXX XX XXXXXXX XXXXXXXXX XXX voluntary XXXXXXXXX. XXXX means that public hospitals typically wind XX absorbing XXX XXXX of a country’s healthcare needs. XX terms of quality XX XXXX, XXXXXXX XXXXXXXXX XXXXXXXXX outdo public XXXXXXXXX XXX voluntary hospitals, although this XX not true XXXXXX the XXXXX.[X] However, due to greater resource XXXXXXXXXXXX, private XXXXXXXXX XXXXXXXXX do XXXXX a XXXXXX XXXXXXXXXX practitioner-XX-patient ratio. In XXXXX XX quality XX innovation and technology, private hospitals XXXX do tend XX lead the XXXXXX, ahead XX public and voluntary hospitals.[7] However, private hospitals XXX XXXX XXX more XXXXXXXXX XXX XXXX XXXXXXXXX than XXXXXX XXX voluntary hospitals. XXXXXXX, in XXXXX XX efficiency, private hospitals tend to be XXX more XXXXXXXXXXX XXXX public and voluntary hospitals.
XX XXXXXXXXXX, XXX three XXXXX of XXXXXXXXX by ownership XXX XXXXXXXX in their nature, XXX XXXX plays a vital XXXX in the X.S. healthcare system.
Endnotes
[1] XX XXXXXXXXX, 'The XXXX and Cons XX Public vs. XXXXXXX XXXXXXXXX.' XXXXXXXX March X, 2019.XXXXX://XXX.npinstitute.XXX/public-XX-XXXXXXX-XXXXXXXXX-s/1852.XXX
[2] Andaleeb, XXXX Saad. "Public and private XXXXXXXXX in XXXXXXXXXX: XXXXXXX XXXXXXX XXX XXXXXXXXXX of hospital XXXXXX." XXXXXX policy and planning 15, XX. X (2000): 95-XXX.
[3] XX XXXXXXXXX, 'XXX XXXX XXX XXXX XX Public vs. XXXXXXX Hospitals.' XXXXXXXX March 1, XXXX.https://www.npinstitute.XXX/XXXXXX-vs-private-XXXXXXXXX-s/1852.htm
[X] XXXXXXXX, Figen, and Ebru XXXXXXXXXX. "XXXXXX care XXXXXXX XXXXXXX: A comparison XX public and XXXXXXX hospitals." African Journal of business management X, no. 6 (2010): XXX-XXX.
[X] NP XXXXXXXXX, 'XXX Pros and XXXX of Public vs. XXXXXXX Hospitals.' XXXXXXXX XXXXX 1, XXXX.https://www.npinstitute.com/XXXXXX-vs-private-XXXXXXXXX-s/XXXX.XXX
[X] XXXXXXXXXXXX Commission. "XXXXXX XXX private hospitals." XXXXXXXXXXXX XXXXXXXXXX, XXXXXXXXXX of XXXXXXXXX Research Reports (2009).
[7] XXXXXXXX, XXXX XXXX. "Public and private hospitals in XXXXXXXXXX: XXXXXXX XXXXXXX and XXXXXXXXXX of XXXXXXXX choice." Health XXXXXX XXX XXXXXXXX XX, XX. X (2000): 95-102.
References
XXXXXXXX, Syed XXXX. "Public and private XXXXXXXXX in Bangladesh: service quality and XXXXXXXXXX XX XXXXXXXX choice." Health XXXXXX XXX XXXXXXXX XX, no. X (2000): XX-102.
NP XXXXXXXXX, 'XXX XXXX and Cons of Public vs. XXXXXXX Hospitals.' Accessed March X, XXXX.XXXXX://XXX.XXXXXXXXXXX.com/public-XX-private-hospitals-s/1852.htm
XXXXXXXX, Figen, XXX XXXX XXXXXXXXXX. "Health XXXX service XXXXXXX: X XXXXXXXXXX of public and private hospitals." XXXXXXX XXXXXXX of XXXXXXXX XXXXXXXXXX 4, XX. 6 (2010): 962-XXX.
Productivity XXXXXXXXXX. "XXXXXX XXX XXXXXXX hospitals." XXXXXXXXXXXX Commission, XXXXXXXXXX XX Australia XXXXXXXX Reports (XXXX).
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