Profit vs Non Profit Organization

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In healthcare, there are three types of organizations: profit, non-profit and government based organizations. This paper will discuss the differences between profit and non-profit organization and the weaknesses and strengths that each of the organization has. The University of Michigan will be used because it is a prime example of a non-profit organization and its services and the center for spinal surgery hospital will be discussed as a for-profit hospital. Body

The University of Michigan’s health system is a non-profit organization located in Ann Arbor, Michigan. It is composed of hospitals, health care centers and clinics. The hospitals and centers that the University of Michigan is comprise of are: medical centers, Mott Children’s Hospital, cardiovascular center, comprehensive medical center, University Hospital, Von Voigtlander Women’s Hospital and the Taubman Center (UofMHealth). The hospital is known to have one of the best performances of heart surgery in the nation for adults and children. The cardiovascular center treats more than 6,000 patients per year that are inpatients and 35,000 patients per year are treated as outpatients. The University of Michigan’s cardiovascular center operates and performs approximately 800 open-heart surgeries on adult and 600 open-heart surgeries on children each year (UofMHealth). Mott Children’s hospital is a teaching hospital that provides many educational programs and research to constantly improve quality care. It is ranked among the best ten hospitals in the United States for its services and quality care. Mott children’s hospital is composed of three intensive care units: the Neonatal Intensive Care Unit, the Pediatric Intensive Care Unit and the Cardiac Intensive Care Unit. Moreover, they have sixteen operating room and two Interventional Radiology Rooms, an Intraoperative MRI OR, 46 Neonatal Intensive Care Unit rooms that are private along with 348 inpatient pediatric beds and 50 maternity...
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