MANAGEMENT AND FUNDING OF THE HEALTHCARE SYSTEM
Journal Title: Polish Journal of Management Studies - Year 2017, Vol 16, Issue 2
Abstract
Healthcare is currently undergoing a challenging and dynamic period. In the field of financial-economic analyzes, modern methods of evaluating decision-making units are quite often used as a necessary tool for assessing the financial stability and performance of decision-making units. The aim of this paper is to analyse the financial situation and financing in the healthcare sector, to implement the DuPont model in the healthcare sector of Slovak Republic. Mentioned sector is divided by SK NACE 86 - Human Health Activities in Slovakia. Authors quantify the impact of changes in analytical factors of the return on sales, the total assets turnover ratio, the debt ratio on the return on equity of the whole industry is assessed by using the logarithmic, index, incremental, and functional method, which represent methods of quantification of the impact of determining factors. Data on the mean values of the financial metrics are obtained through the Cribis information portal. The following sources are used for quantification of healthcare status parameters of the Slovak Republic: OECD Health Data, European Community health indicators (ECHI), WHO Global Health Observatory, National Health Information Center, and Statistical Office of the Slovak Republic. The results show that the use of functional method is the most effective for the management of business entities within the healthcare sector. It was found that the return on assets has the greatest impact on the equity<br/><br/>
Authors and Affiliations
Róbert Štefko, Sylvia Jenčová, Eva Litavcová, Petra Vašaničová
Keywords
Related Articles
- EP ID EP248689
- DOI 10.17512/pjms.2017.16.2.23
- Views 78
- Downloads 0
ANALYSIS OF WORKFORCE CAPACITY IN THE FIELD OF TOURISM
The labour market in tourism business is on the increase due to the domestic tourism development stimulated by the growing number of large-scale events and continuous efforts of the city authorities towards popularizatio...
THEORY OF INNOVATION IN SPATIAL PERSPECTIVE
The situation where European regions will fall behind with regard to defined categories of clusters with relation to their equivalents on the scale of the world economy can become a significant factor in the low competit...
PROJECTIVE TECHNIQUES FOR BRAND IMAGE DIMENSIONALITY AND USING VARIOUS TECHNIQUES TO INVESTIGATE AND IMPROVE THE BRAND PERSONALITY
PROJECTIVE TECHNIQUES FOR BRAND IMAGE DIMENSIONALITY AND USING VARIOUS TECHNIQUES TO INVESTIGATE AND IMPROVE THE BRAND PERSONALITY<br/><br/>
RESOURCE-BASED VIEW IN MANAGING FINANCIAL COMPONENT OF CORPORATE CAPITAL
On the basis of the analysis of conceptual approaches to the evaluation of the effectiveness of the usage of financial capital the theories are generalized by separating two groups: static, the ones that determine the op...
SUPPLY CHAIN FLEXIBILITY AND BALANCED SCORECARD: CONCEPTUAL MODEL AND EMPIRICAL STUDY IN TUNISIAN COMPANIES LAUNCHED UPGRADING PROGRAM
In this article, we clarify the concept of supply chain flexibility (SCF) in an attempt to unveil the difficulty in understanding and dealing with the scope this concept. The imprecise notion of SCF makes it difficult to...