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Revenue Trends In Healthcare Facilities In The Post-Pandemic Era

Author

Listed:
  • Sorinel ToderaÅŸ Siretean

    (Stefan cel Mare University, Suceava, Romania)

  • Mihaela Tulvinschi

    (Stefan cel Mare University, Suceava, Romania)

  • Anatol MELEGA

    (Stefan cel Mare University, Suceava, Romania)

Abstract

In a world where the demands of the healthcare sector are evolving rapidly, revenue efficiencies in healthcare facilities are becoming increasingly crucial. Effective revenue management not only ensures the financial sustainability of hospitals, but also plays a key role in improving the quality of care provided. The aim of this study is to conduct an econometric analysis of managerial performance as a function of revenue in Romanian hospitals. The objectives set for the study on revenues in health units are: O1 - To conduct a comprehensive literature review, through a detailed examination of relevant academic papers and case studies to identify current trends and research prospects related to revenue in the hospital sector; O2 - To develop an econometric model for assessing revenue trends, which will analyze and predict revenue trends in health units. The model uses relevant real data to generate accurate forecasts and provides a solid basis for strategic decision making in the sector; O3 - Study the impact of the COVID-19 pandemic on hospitals in Romania, assessing the effects of the COVID-19 pandemic crisis on the Romanian hospital system. The study will examine changes in hospital revenues, operational adaptations, and financial challenges faced during the pandemic, providing a comprehensive perspective on the resilience and adaptability of the health system in the face of a global crisis.

Suggested Citation

  • Sorinel ToderaÅŸ Siretean & Mihaela Tulvinschi & Anatol MELEGA, 2023. "Revenue Trends In Healthcare Facilities In The Post-Pandemic Era," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 11(2), pages 110-116, June.
    • Handle: RePEc:scm:ejafbu:v:11:y:2023:i:2:p:110-116
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    References listed on IDEAS

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    1. X Li & P Beullens & D Jones & M Tamiz, 2009. "An integrated queuing and multi-objective bed allocation model with application to a hospital in China," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 60(3), pages 330-338, March.
    2. Anamaria-Geanina MACOVEI, 2021. "Econometric Analysis Of The Evolution Of Excisements On Fuels During The Health Crisis In Romania," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 15(25), pages 77-86, February.
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