Thursday 9 February 2017

The Difference Between For-Profit and Non-Profit Hospices?

The greatest difference between a non-profit and for-profit hospice care services is that a non-profit hospice case service provider doesn't have to state or federal taxes the get from the medicare services. Tax exception is general for non-profit organizations and Hospice care in riverside or at any part are not exclusive to that.

The next difference is that the for-profit hospice care service providers are restricted for utilizing charitable gifts from anyone for medicare in the patient care process. Non-profit hospice care service providers can hold a fundraiser and use those funds for patients for medicare and other expenses included in the service. Many for-profit hospices setup a different non-profit hospice care services to gather donations and funds. Each foundation is set up for a special mission and vision.

Hospice care service providers, regardless of their business structure, are unified by the mission to provide the highest quality of end-of-life care to patients facing life-limiting illnesses and their families. The profit status of a hospice is not nearly as important as the care provided. When choosing a hospice, it’s important to learn how services are provided, the structure of the care team, and the special programs available to you or your loved one. By interviewing a variety of providers, you can determine what organization best meet your needs.

To know more on Hospice care services, Hospice Care Riverside, Palliative Care Riverside and in other locations, visit MeetGrace's blog.

No comments:

Post a Comment