The economic behavior of general hospitals of Iran University of Medical Sciences from 1997 to 2004
Journal Title: مجله دانشگاه علوم پزشکی شهرکرد - Year 2006, Vol 8, Issue 3
Abstract
Background and aim: Economic analysis should be applied to hospitals for optimization. Therefore, this study was conducted to evaluate the economic behavior (production-cost) of general hospitals of Iran University of Medical Sciences from 1997 to 2004. Methods: Data was collected using appropriate questionnaire and analyzed by t-test. In this research, Cobb-Douglas function and its T form was used for evaluation of production and cost, respectively. Results: The marginal production of hospital labor for physician was 57, for nurse was 24, and for other personal was 0.04 of the patient admission. The marginal product of capital agent was 18 patient admissions. The personnel and non-personnel costs were 62 and 38 percent of the overall operatic costs respectively. Cost elasticity of overall expense to labor price, capital rate and production was 0.69, 0.48 and 0.32, respectively. Conclusion: The hospitals can be on the decreasing part of LRAC (Long Run Average Cust) care and can decrease the unit cost of production with increasing economic agents. Key words: Economical effective, Expense, Hospital, Production, Randleman.
Authors and Affiliations
aziz Rezapour, moohamad Khalaj
Keywords
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