Sağlık Hizmeti Sunan Özel İşletmelerin Finansal Analizi: Merkez Bankası Verileri Üzerine Bir Çalışma

Aim: The aim of this study is to analyze the financial status and performance of companies providing private health services for the years 2009-2020 with the data of the Central Bank of the Republic of Turkey (CBRT) using the ratio analysis method. Method: In the study, the balance sheets and income statements of the Q-861 Hospital Services Sub-Sector for the years 2009-2020 obtained from the CBRT website were used. The data obtained from the balance sheet and income statements of the hospital services sub-sector for the years 2009-2020 were subjected to ratio analysis with the Microsoft Office Excel program and interpreted in line with the generally accepted ratios in the literature for the health sector. Findings: The liquidity ratios of businesses providing private health services are lower than the required values and are at the ideal level in 2009-2010. The financial structure ratios were also calculated below the required value, and it was observed that the debt ratio increased gradually over the years. In terms of asset utilization rates, it was found to be higher than inventory turnover and receivables turnover. In other words, it is faster than the collection of receivables with the disposal of stocks. Among the profitability ratios, net profit margin, return on equity, and asset profitability ratios had negative values in 2011, 2016, and 2018. Conclusion: High-tech and high-cost devices and materials are used in the delivery of health services. It is thought that the domestic production of these devices and materials will reduce the costs and dependence on foreign sources, thus positively affecting the financial situation. Social Security Institution (SSI) has an important place in the financing of health services. It has been concluded that this situation affects the collection period of receivables, sales price, and profitability of private health enterprises.