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http://dx.doi.org/10.5392/JKCA.2011.11.3.389

Effects of Volume and Product Flexibilities on Hospital's Performance  

Park, Bo-Young (숙명여자대학교 경영학부)
Sohn, Byung-Kyu (숙명여자대학교 경영학부)
Publication Information
The Journal of the Korea Contents Association / v.11, no.3, 2011 , pp. 389-402 More about this Journal
Abstract
Previous research on the management of health care organization has heavily focused on health care quality and operational efficiency, whereas this research deals with flexibility, an important strategic priority in the field of operations management. Particularly, this research analyzes the effects that internal and external resources of volume and product flexibilities have on the organization's financial performance. Survey data from various types of sampled domestic hospitals have been collected using the developed questionnaire and analyzed with a regression model. The results show that volume flexibility based on internal resources has not only main effects but also interaction effects with internal and external resources of product flexibility. However, volume flexibility based on external resources is not shown to have any effect on performance. The explanation and managerial implications from the results are discussed.
Keywords
Volume Flexibility; Product Flexibility; Flexibility Resources; Performance;
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