Ownership Forms of Health Care Organizations-Response Paper

Review Chapter 1 of your course text (Financial & Managerial Accounting )and formulate a response to the following topic:

You are an external consultant with 10 years’ experience in your field. Fifty doctors are trying to get together to form a health care organization, and they come to you for suggestions on developing the ownership form for the organization. It is your job to advise them on what common ownership forms are available for the organization and provide an example of each. Additionally, you must discuss the following:

·  The advantages and disadvantages of each ownership form.

·  The ownership form would you would recommend as being most appropriate for this particular organization as well as why it is the most appropriate.

Your paper must be 3-4 double-spaced pages in length.  Utilize three scholarly sources that were published within the last five years.