Imagine you are a tax attorney and consultant to Doctor’s Hospital (a for-profit, physician-owned hospital).

Use critical thinking skills and metacognition when you read the Mini-Case Study in the textbook, p. 83:

Imagine you are a tax attorney and consultant to Doctor’s Hospital (a for-profit, physician-owned hospital).  You are scheduled to present to the Board of Directors the advantages of converting the hospital to not-for-profit tax status. 

As the tax attorney and consultant, what are your arguments for converting the hospital to a not-for-profit tax status?  Expound on whether it is more beneficial for the hospital to change its tax status or remain the same.  Provide references to support your rationale.

What do you believe the board will decide?  To keep the for-profit tax status or change it to a not-for-profit tax status?

Write a 1-2-page paper in APA (2020) format, create a thesis statement relative to health financial management, and answer the research questions listed above in the Mini-Case Study.  Include a cover page, a reference page, and three peer-reviewed references, and use the textbook. The paper should follow the SESC format of state, explain, support, and conclude; see the Sample Paper posted in this course. 

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