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Grants in Healthcare There are two sources of income that healthcare organizations in U. S. rely upon the most, when it comes to assuring their proper functioning Federal and State grants. According to Ben Irvin's article Background Briefing on U. S.
Healthcare: The US spends 5. 7 per cent GDP of taxpayer income on health care, representing 44. 5 per cent of total expenditure on healthcare (Irwin). This points out to the fact that American healthcare programs Medicare and Medicaid, as such that are dependent upon public sector of American economy. Therefore, when it comes to designing a financial forecast for healthcare organization, the person in charge of it will need to be aware of political trends within U. S. , because they define the essence of governments social policies. The successful manager should be able to secure two steady sources of revenue for its healthcare organization, on Federal and State level, while trying to make the financial ranges of their coverage to overlap as much as possible. Grant writing is commonly referred to as the process of applying for funding in support of a project that provides a social good.
As practice shows, in America, healthcare organizations are given priority, when it comes to obtaining governments grants. The process of applying for grant has a goal of proving to governments agents that requested financing is going to improve healthcare situation in every particular community. There are numerous public and private grants are available, besides two mentioned earlier. The Rural Access to Emergency Devices grant, for example, is provided to healthcare organizations in rural areas. National Association of Children's Hospitals and Related Institutions provides financial assistance to childrens hospitals. It is estimated that there are at least 25 different sources of financing that healthcare organizations in U.
S. might be eligible to apply for. My reasoning for choosing to apply for Federal and State grants, as the main source of revenue, is simple. Grant is basically a free money that our government gives away. It is better for this money to be spent to benefit Americans with health problems than to feed the hungry children of Somalia or to be thrown in the air in variety of other different ways. Bibliography: Funding Opportunities. (2007).
Washington State Medical Home. Retrieved October 12, 2007 from web Funding Opportunities. (2007). U. S. Department of Health and Human Services. Retrieved October 12, 2007 from web Irvine, B.
Background Briefing on U. S. Healthcare. (2002). Civitas.
Org. Retrieved October 12, 2007 from web Resources - Funding Opportunities. (2007). Rural Emergency Medical Services @ Trauma Technical Assistance Center. Retrieved October 12, 2007 from web
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Research essay sample on Federal And State October 12
