I will pay for the following article Why St Vincent Hospital in NEW YORK closed due to budgetting issues. The work is to be 10 pages with three to five sources, with in-text citations and a reference page. In 2010, St Vincent Medical Center closed its doors.
St. Vincents Hospital was a nonprofit charity-funded hospital in New York which provides, according to hospital mission, complete general acute health care services inclusive of medical, surgical, psychiatric inpatient, emergency care and other outpatient services. St Vincent’s represented an iconic place for being one of the third oldest hospitals in New York and for sharing so much historical events. It has treated victims of calamities: the cholera epidemic of 1849, the sinking of the Titanic in 1912, the 9/11 attack and, just few years , the Hudson River landing of US Airways Flight 1549.
Creating a budget is often one of the most challenging tasks when creating a nonprofit organization. A budget is the expression, in financial terms, of the plan of operation designed to achieve the objectives of an organization. It lays out where the money is coming from and where it is intended to be expensed. There are many reasons why St Vincent’s Hospital should have had a stringent budget in place – including its obligation to spend conscientiously as it was somebody else’s money – and very few for it to have inefficiency in this practice. Why it chose the latter is anybody’s guess. Or maybe there is more to the story.
St. Vincent’s has a long history of financial troubles dating back far before the problems of the last few months came to light. It filed for Chapter 11 in 2005 and emerged from bankruptcy in 2007. One would have thought the troubles were over: Far from it actually. By the time 2010 rolled in, it was $700 million in debt and losing $10 million a month. The lucrative location of the hospital – on the West Side of Manhattan on 59th Street – could not save it.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more