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Influences of Cash Flows from Operating Activities on Debt Repayment Capability in General Hospitals and Hospitals

병원 영업활동으로 인한 현금흐름이 부채상환능력에 미치는 영향

  • Received : 2017.03.06
  • Accepted : 2017.05.10
  • Published : 2017.06.28

Abstract

The medical institution considers liability management problems as a direct factor in managerial risks, such as bankruptcy. Cash Flow provides useful information to necessary funds and predicting bankruptcy. The study for 24 general hospitals and 23 hospitals, a regression analysis was performed to determine the impact of cash flows on the debt repayment capability, a multivariate discrimination analysis was conducted to find out how to manage cash flow for the risk posed by debt. The analysis results, For general hospitals, the level of debt repayment capability was done to net income, increase of payables from operating activities and decrease of patient receivables and inventories from operating activities. If there is no dept repayment capability, it is necessary to increase the net income, increase the expenses not involving cash outflows, decrease of patient receivables and increase of payables from operating activities. For hospitals, the level of debt repayment capability was done to net income, increase of expenses not involving cash outflows and payables from operating activities, decrease of income not involving cash inflows, decrease of patient receivables and inventories from operating activities. If there is no dept repayment capability, it is necessary to increase of payables from operating activities.

Keywords

General Hospital and Hospital;Cash Flows from Operating Activities;Debt Repayment Capability

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