A nurse is interviewing at an agency owned by a national religious organization that serves homeless and uninsured patients
A large poster display shows a proposed addition that would add 16 beds to the facility that will be funded from profits of the previous 3 years of operation. The nurse recognizes that the agency is most likely what type of agency?
a. For-profit
b. Not-for-profit
c. Publicly-owned
d. Investor-owned
ANS: B
Many religious organizations are privately owned and administer not-for-profit health facilities, where profits are returned into the facility for improvements or equipment. For-profit agencies distribute profits to shareholders. Publicly-owned facilities are government supported and not linked to religious organizations. Investor-owned agencies would be for-profit agencies with profits distributed to investors.
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Laughter is good medicine
Indicate whether the statement is true or false