Financial Characteristics of Oriental Hospitals

한방병원의 재무적 특성

  • Kang Tak-Lim (Taejon University, College of Oriental Medicine, Department of Oriental Medicine)
  • 강탁림 (대전대학교 한의학대학)
  • Published : 1997.12.29

Abstract

Despite of increasing market share, oriental hospitals are now facing profit deterioration. In order to contribute to both better policy making of the Government Md corporate planning in the part of the individual hospitals this study attempted to identify the oriental hospital's financial characteristics. financial performance data for 1995, published by the Korea Institute of Health Services Management, were analysed from the structural perspective of patient composition, capital and resources input, medical revenue and costs, and financial efficiency and profitability. Some financial characteristics were drawn based on the results of the analysis. The areas that require corrective action and future study were also suggested.

Keywords

References

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