Correlating Strategic Variables to Hospital Risk of Failure

Correlating Strategic Variables to Hospital Risk of Failure

An empirical study of 71 hospitals in the United States revealed that strategic factors are highly correlated with a hospital′s financial risk position. Finds strong statistical evidence that ownership status, location, and level of service affect the hospital′s financial risk position, as measured...

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Veröffentlicht in:International journal of health care quality assurance 1992-03, Vol.5 (3), p.12
Hauptverfasser: Oswald, Sharon L, Harrison, Allison W, Woerner, William L
Format: Artikel
Sprache:eng
Schlagworte:
Business failures
Correlation analysis
Diagnosis related groups
DRGs
Equity financing
Failure
Financial analysis
Financial management
FINANCIAL RISK
HOSPITALS
Low income groups
Medicaid
Medicare
NONPROFIT ORGANIZATIONS
Outpatient care facilities
Physicians
Population
Ratios
Return on equity
Risk assessment
RISK MANAGEMENT
Rural health care
Strategic planning
Studies
USA
Variables
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Beschreibung
Zusammenfassung:An empirical study of 71 hospitals in the United States revealed that strategic factors are highly correlated with a hospital′s financial risk position. Finds strong statistical evidence that ownership status, location, and level of service affect the hospital′s financial risk position, as measured by the Financial Viability Ratio Index.
ISSN:0952-6862
1758-6542
DOI:10.1108/09526869210014917