Choose a mental health or psychiatric hospital. As mental health systems all over the world become overburdened and short-staffed, lack of mental health services have become a pressing issue. In my professional experience, technology has immensely increased the speed of life creating extra anxiety along with a more paranoid patient population whose misinformed health diagnosis by “Dr Google” has everyone dying from some sort of rare disease (Insert laughter here). All kidding aside, there are three types of hospital entities such as nonprofit, for-profit, and government-own hospitals. Fun fact, by my own experience having worked in for-profit and nonprofit organizations, for-profits are most likely to offer relatively profitable medical services and are also more responsive to changes in service profitability than the other two types. Government hospitals are most likely to offer relatively unprofitable services; nonprofits often fall in the middle.
Centerstone Healthcare Organization (HCO) Non-profit Psychiatric hospital
Historically, most nonprofit hospitals are overseen by autonomous governing boards composed largely of representatives of the communities the hospitals served. This type of governance arrangement reflected a longstanding institutional belief that the control of nonprofit hospitals should be vested in local communities.
Under this “traditional model” of governance, nonprofit hospitals resemble consumer cooperatives in that community representatives are in a position to determine hospital policies. As such, a traditional form of governance is arguably a constraint on hospital price inflation, since community representatives have an incentive to resist price increases that they ultimately will incur in the form of higher insurance premiums.