Financial and operational performance of hospitals in Czech Republic
| Authors | |
|---|---|
| Year of publication | 2013 |
| Type | Article in Proceedings |
| Conference | European Financial Systems 2013. Proceedings of the 10th International Scientific Conference. |
| MU Faculty or unit | |
| Citation | |
| Field | Management and administrative |
| Keywords | hospitals; non-profit hospitals; net income; economics; performance; subsidies |
| Description | Article aims to describe and analyze the performance of hospitals in times of economic instability. It describes the important dimensions of financial and operational performance in both profit and non-profit hospitals in the Czech Republic during selected period. Years 2008 and 2011 were chosen quite intentionally, because of the differences in findings between the time of the very beginning of the global economic crisis that started in 2008 and last possible researchable year. The year 2011 is so far the latest year for which hospitals submitted their annual reports. Empirical research has been conducted by evaluating secondary data, which were selected from reporting and internal materials of hospitals in years 2008 and 2011. The authors identify potential factors - geographical location and operating subsidies, and by using statistical methods they explore the relationship between these factors and identify differences for individual years. The research results demonstrate differences in selected areas in health care sector. |