Multi-Criteria Evaluation of Financial Health of Selected Hospitals According to TOPSIS Method

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F21%3A10247735" target="_blank" >RIV/61989100:27510/21:10247735 - isvavai.cz</a>

Result on the web

<a href="https://www.ekf.vsb.cz/export/sites/ekf/raspo/Conference-Proceedings_RASPO_2021.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/raspo/Conference-Proceedings_RASPO_2021.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Multi-Criteria Evaluation of Financial Health of Selected Hospitals According to TOPSIS Method

Original language description

The evaluation of the financial health of health care providers is a crucial task as it influences the scope and structure of provided health care. It brings informational value for the management of the facility, as well as for their founders or establishers, but it is also related to the provision of health care. The overall objective of the health care system is to provide quality and accessible health care within the framework of legislative regulations and on the basis of rationality and efficiency of financial and non-financial resources. The aim of this paper is a multicriteria evaluation of the financial health of a set of 47 hospitals for the period of 2017-2019 according to the TOPSIS method. The selected sample of hospitals includes 41 % of public hospital care providers. The data had been tracked for three years and then averaged to minimize the impact of random one-time fluctuations that would affect the performance of the entities. The weights of the seven tracked financial indicators monitored were assigned in an integrated manner. As a result of the analysis, the ranking of hospitals according to financial health was determined using the TOPSIS method. The calculations did not confirm that the hospitals managed directly by the state would achieve the worst results - the results of these hospitals were differentiated a lot. The worst results were achieved by hospitals in the legal form of joint stock companies established by regions.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

30304 - Public and environmental health

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Development and Adnimistration of Border Areas of the Czech republic and Poland: support for sustainable development : Conference Proceedings of RASPO 2021

ISBN

978-80-248-4526-5

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

273-280

Publisher name

VŠB - Technical University of Ostrava

Place of publication

Ostrava

Event location

Ostrava

Event date

Jun 17, 2021

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000865456900031