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http://dx.doi.org/10.12811/kshsm.2013.7.3.161

Raise Capital Type and Investment Efficiency of Hospital in Korea  

Jung, Yong-Mo (Inbon Medical Corporation)
Publication Information
The Korean Journal of Health Service Management / v.7, no.3, 2013 , pp. 161-176 More about this Journal
Abstract
This research analyzed Raise Capital type and Investment Efficiency for non-profit hospitals in Korea. 152 cases of financial information from 2007 to 2010 were utilized for analysis. As a result of analysis, Raise Capital for Borrowings to total assets was primarily used, taking around 40% on average, and the method of Raise Capital with significant difference among Medical Institutions was Liabilities in Excluded Borrowings to Total Assets and Capital Stock & Capital Reserves to Total Assets. Besides, the relation between Invested capital and Investment efficiency was opposite each other in the non-profit hospitals, and Region was an important element influencing over Productivity per Value Added. In addition, in the investment activity of non-profit hospitals in the light of Investment Efficiency, only hospitals among Medical Institution types had a character of Capital Intensive, and General Hospital and Geriatric & Long-term Medical Care Hospital among Medical Institution types showed a character of Labor Intensive in the light of Performance.
Keywords
Raise Capital Type; Investment Efficiency; Hospital; Medical Institution Type;
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Times Cited By KSCI : 2  (Citation Analysis)
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