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Financial Performance Indicators in Lebanese Hospitals: A Sustainable Improvement Strategy

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  • Alaaraj, Hassan
  • Aoun, Malak

Abstract

Although the quality of healthcare services has been measured extensively&using different approaches however; the financial approach is considered&one of the most tangible indicators to evaluate the effectiveness of the&implied quality improvement strategies at the Lebanese hospitals. It is&essential to measure quality of performance especially when hospitals are&competing for accreditation and sustainability. Therefore, this paper&highlights the significant key performance indicators applied by the&Lebanese hospitals and mainly the financial performance indicators to&improve the healthcare financing in Lebanon. Such financial metrics are&found critical for hospitals to define and evaluate their performanceespecially in terms of insurance and financial coverage. This paper&demonstrates conceptually the current strategies for improving thehealthcare financing system in Lebanon yet, future studies are encouraged&to provide analytical elaborations for the financial status and relativeperformance indicators of the healthcare system in Lebanon.

Suggested Citation

  • Alaaraj, Hassan & Aoun, Malak, 2016. "Financial Performance Indicators in Lebanese Hospitals: A Sustainable Improvement Strategy," Journal of Accounting and Finance in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 2(2), pages 69-75, December.
    • Handle: RePEc:src:jafeec:v:2:y:2016:i:2:p:69-75
    DOI: http://doi.org/10.26710/jafee.v2i2.103
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