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Factors affecting the hospital profitability (Focusing on the convergence of differences in financial performance of the surplus and deficit hospital)
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  • Journal title : Journal of Digital Convergence
  • Volume 13, Issue 11,  2015, pp.267-276
  • Publisher : The Society of Digital Policy and Management
  • DOI : 10.14400/JDC.2015.13.11.267
 Title & Authors
Factors affecting the hospital profitability (Focusing on the convergence of differences in financial performance of the surplus and deficit hospital)
Lee, Jin-Woo; Park, Cho-Hee;
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 Abstract
This study divided hospital management performance as surplus and deficit, Liquidity, Growth, Turnover Ratios, Productivity, Operating Expense, Patient Care Performance and evaluate the relationship between profitability. In addition to providing a useful basis for seeking profitability and effective management measures based on the findings of the hospital has its purpose. The study period was 2013 to identify the hospital's financial performance as evaluation criteria, were selected for a total of 147 hospitals surveyed. In conclusion, the more profitable medical and hospital financial performance, results showed a higher rate. In addition to the factors affecting the profitability of the Salaries, Administrative Expenses, Material Costs was a major factor. To to enhance the future profitability of hospital care it is also important to increase revenue, but Salaries, the cost reduction-effective strategy for reducing Administrative Expenses may be required.
 Keywords
Profitability;Salaries;Administrative Expenses;Profit hospitals;Financial performance;
 Language
Korean
 Cited by
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