About This Chapter
Organizational Structure in Healthcare - Chapter Summary
In this chapter, you'll study organizational structure as it relates to the healthcare industry. These short and simple lessons break down the elements of business ownership and organizational structures, as well as the similarities and differences between service and non-profit businesses. To help you remember key concepts from the lessons, we've included short self-assessment quizzes throughout the chapter. You can access this chapter on any Internet-connected device, and the chapter's 24/7 availability helps you study whenever you have free time. Upon completion of the chapter, you should be able to:
- Outline the typical ownership and organizational structure of a businesses
- Define the components of service businesses
- Assess examples of non-profit businesses
- Describe the tax advantages that non-profit businesses have
1. Organizational Structure & Ownership of a Business
There are four ways a business can be organized: sole proprietorship, partnership, limited liability, and corporation. Each form of ownership takes on a different structure with regards to tax liabilities, income, and risks.
2. What Is a Service Business?
In this lesson, you will learn what a service business is and begin to recognize the importance of great customer service to their success. You will also find out why service businesses are so popular and explore ways in which they play an important part in your life.
3. What Is a Non-Profit Business? - Definition & Example Business Plan
Non-profit businesses play a large role in the American economy. In this lesson, learn about non-profit business, the benefits of this type of business, the elements included in a non-profit business plan, and how to get expert advice on how to starting a non-profit business.
4. Tax Advantages of Non-Profit Businesses
In this lesson, we'll discuss how non-profit organizations receive tax-exempt status. You'll also learn how non-profits maintain their tax-exempt status and finance projects with tax-exempt bonds.
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Other chapters within the Health 305: Healthcare Finance & Budgeting course
- Introduction to Healthcare Finance
- Healthcare Organizations & Services
- Financial Reporting in Healthcare
- Health Insurance & Reimbursement
- Estimating Healthcare Costs
- Healthcare Financial Management
- Accounting & Income Statements in Healthcare
- Using Balance Sheets in Healthcare Finance
- Financial Assessment in Healthcare
- Healthcare Planning & Budgeting
- Project Costs & Evaluation in Healthcare
- Healthcare Staffing Needs & Forecasting
- Trends in Healthcare
- Required Assignment for Health 305