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KMID : 0926620120170040021
Korean Journal of Hospital Management
2012 Volume.17 No. 4 p.21 ~ p.31
Cost Reduction and Improving Profitability of Par Level Transfer System for Reagent Materials
Bae Seok-Jin

Hwang Sung-Wan
Abstract
This is a case study of Gangnam S University Hospital applying a par level transfer system for reagent materials. The purpose of this study is evaluated on the cutting down on inventory expenses and medical service revenue in the point of resource based view. The data was acquired through the financial statement of Gangnam S Hospital for the fiscal year 2008, 2009, 2010 and 2011, and compared with the Korea health industry statistics index for hospital accounts based on the materials in Korea Health Industry Development Institute. The results of the study are as follows. Medical reagent materials expenditure cut down as 305 million won through 2009 fiscal year. Medical profits for the Gangnam S University hospital¡¯s income statement in 2011 show well over acquired 3.37 billion won through the enlarged diagnostic test numbers. In conclusion, Gangnam S University Hospital health statistics¡¯s index shows very high profits. The results of this study have some limitations in terms of generalization as only one hospital in Seoul. Further studies with relationship inventory performance and enlarged reagent materials are expected in this area.
KEYWORD
Par Level transfer system, Medical raw material
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