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KMID : 0926620130180030043
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Korean Journal of Hospital Management
2013 Volume.18 No. 3 p.43 ~ p.61
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An Analysis of the Relationship between Publicness and Profitability of National University Hospitals
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Yang Jong-Hyun
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Abstract
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The purpose of this study is to analyze the relations between publicness and profitability of national university hospitals in Korea. Finance and management data from 2008 to 2010 were collected from balancing accounts and annual reports in 13 national university hospitals. The dependant variables are used profitability indicators which are operating margin, net profit to gross revenues, normal profit to gross revenues. The independent variables are publicness indicators which are medical social work, ratio of medical aid in inpatients, ratio of medical aid in outpatients, publicness index. The results show that operating margin, net profit to gross revenues in profitability indicators are affected by medical social work in publicness indicators. Normal profit to gross revenues in profitability indicators is strong related to medical social work and hospital province in publicness indicators. Based on these results, this study suggests implications to balance the publicness and the profitability in national university hospitals.
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KEYWORD
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Publicness, Profitability, National University Hospital
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