Which type of agency can be either profit or nonprofit?
A) Private/voluntary
B) Hospital based
C) Proprietary
D) Official
Ans: B
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A hospital-based agency is a home health agency that is not freestanding in the community but is one of many specialty services offered at a hospital setting. It can be for profit or nonprofit depending on the philosophy of the hospital. Voluntary agencies are generally established as not-for-profit entities, although they operate with the same fiscal objectives as "for-profit agencies." A proprietary agency is a home health agency that is motivated by a for-profit philosophy. Official agencies are supported by public monies that often come from taxes. The public monies can come from local, state, or federal governments.
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