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KMID : 1002520160100030001
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Korean Journal of Health Service Management
2016 Volume.10 No. 3 p.1 ~ p.12
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Investment Efficiency and Management Performance of Korean Regional Public Hospitals
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Ha Oh-Hyun
Kim Yun-Jin
Cho Duk-Young
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Abstract
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Objectives : This study examined relations between investment efficiency and management performance as indexes related to productivity of Korean regional public hospitals.
Methods : The analysis data are financial information of Korean regional public hospitals from 2011 to 2014. For the indicators, value added to total assets, value added to productive activity tangible fixed assets, and value added to personnel expenses, operating margin to revenues, net profit to total earnings, and ratio of value added.
Results : Significant relevance was not shown among indicators of investment efficiency. However, Significant relevance was shown between value added to personnel expense and productivity per value added.
Conclusions : It confirmed that outside support funds like subsidy did not have effect on improving the management performance. Also, it could be known that availability about input of capital and labor was not realized organically.
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KEYWORD
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Korean Regional Public Hospitals, Investment Efficiency, Management Performance
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