Korea Journal of Hospital Management (한국병원경영학회지)

Korean Society of Hospital Management (한국병원경영학회)
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A Comparative Analysis on Determinants of Financial Performance between Public and Private Hospitals

공공.민간병원 경영성과 결정요인 비교분석

  • Kim, Myung-Ho (Dep. of Inpatient Admissions, Seoul National University Hospital) ;
  • Suh, Won Sik (Dep. of Healthcare Management, Gachon University)
  • 김명호 (서울대학교병원 입원원무과) ;
  • 서원식 (가천대학교 헬스케어경영학과)
  • Received : 2014.10.07
  • Accepted : 2014.11.30
  • Published : 2014.12.30
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Abstract

The purpose of this study is to analyze the performance difference between public and private hospitals. It is believed that private hospitals may have a better performance compared to public hospitals. The study support the hypothesis. By analyzing 425 acute-care hospitals in Korea, this research shows a less performance of public hospitals compared to private hospitals. Higher labor and administrative cost by public hospitals may account for the difference, and it means they are not effective at cost control. Managers in public hospitals, therefore, should pay attention on cost-reducing issues to regain managerial efficiency of organizations.

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