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Analysis Of Economic Efficiency Of Municipal Hospital

Author

Listed:
  • Krasimira Kovachka
  • Tihomira Zlatanova
  • Desislava Lyubenova

Abstract

A major problem in the world and in Bulgaria is the organization and structure of health care and funding of hospitals. Hospital care takes about 20% of the turnover of the population for medical care while consuming over 70% of healthcare costs. The aim of our study was based on an analysis of indicators of hospital utilization and economic performance of the Hospital for Active Treatment of Samokov for the period 2007 -2013 year to bring out the existing trends. The data show increases in the cost of various hospital units product - passed sick bed days, the medicines. The reasons for this are: general inflationary processes specific medical inflation purchased medicines and supplies, the increased maintenance costs of hospital activity. However, there is an effort by management to reduce unnecessary costs and to optimize economic performance.

Suggested Citation

  • Krasimira Kovachka & Tihomira Zlatanova & Desislava Lyubenova, 2015. "Analysis Of Economic Efficiency Of Municipal Hospital," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 9(1), pages 594-600.
    • Handle: RePEc:isp:journl:v:9:y:2015:i:1:p:594-600
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    References listed on IDEAS

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    1. Pavlinka P. Dobrilova & Anna M. Marinova & Iveta M. Marinova, 2014. "Postgraduate Training And Development Of Nursing Staff In Hospitals For Rehabilitation," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 499-507.
    2. Jerzy A. Filar & L. C. M. Kallenberg & Huey-Miin Lee, 1989. "Variance-Penalized Markov Decision Processes," Mathematics of Operations Research, INFORMS, vol. 14(1), pages 147-161, February.
    3. Doroteya T. Shtereva & R Goranova & T. Dineva-Simidchieva & R. Zlatanova-Velikova, 2014. "Opinion Survey Of The Hospital Management Personnel On The Clinical Pathways In Bulgarian Hospitals," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 424-432.
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    More about this item

    Keywords

    efficiency; economic indicators; revenues; costs; financial results;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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