Browse > Article
http://dx.doi.org/10.22156/CS4SMB.2020.10.11.324

Operation Financing Method for Management Activities and Effect on Management Performance in Regional Public Hospitals  

Jung, Yong-Mo (Department of Health Administration, Busan Digital University)
Ha, Au-Hyun (Department of Health Administration, Busan Digital University)
Publication Information
Journal of Convergence for Information Technology / v.10, no.11, 2020 , pp. 324-331 More about this Journal
Abstract
This study used the financial information of 29 Regional public hospitals registered in the HASPA. Regional public hospitals analyzed the ratio of operating financing by management activities and how they affect net profit. The results of the study, Regional Public Hospitals ratio of fund financing for management activities was 83.50 percent for medical revenues, 9.53 percent for Incidental Revenue of Medical, 4.54 percent for Contribution Revenue, 4.42 percent for Other non-medical profits, 1.21 percent for depreciation Expense and 0.73 percent for Amount of reserve for unique purpose project. As a result of examining the effect of financing by management operation on net profit, the ratio of operating funds by medical revenue, by incidental revenue of medical, by contribution revenue and by other non-medical profits had a positive impact on net profit of Regional public hospitals. And It has been confirmed that the ratio of amount of reserve for unique purpose project has a negative impact on net profit. Therefore, it is necessary for Regional public hospitals to manage costs in consideration of revenues and internal reserves.
Keywords
Regional Public Hospital; HASPA(Hospital Accounting System Public Announcement; Operating Fund for Management Activities; Operation Financing Method; Net Profit;
Citations & Related Records
Times Cited By KSCI : 12  (Citation Analysis)
연도 인용수 순위
1 Y. M. Jung. (2013). Raise Capital type and Investment Efficiency of Hospital in Korea. The Korean Journal of Health Service Management, 7(3), 161-176. DOI : 10.12811/kshsm.2013.7.3.161   DOI
2 N. C. Kim. (2020). Differential Effects of Governmental Direct and Indirect Subsidy on Profitability of Health Care. Tax and Accounting Study, 9(1), 129-159. DOI : 10.22821/ktri.9.1.202002.004   DOI
3 J. H. Kim & D. W. Yang. (2016). The Emphatical study on the Relationship among Corporate Cash Flow, its Accruals and its Factors with the Sustainability of Profit and Corporate Value of KOSDAQ-based Manufacturing Companies. The Journal of the Korea Contents Association, 16(2), 580-587. DOI : 10.5392/JKCA.2016.16.02.580   DOI
4 Y. M. Jung & A. H. Ha. (2017). Relationship between Net working capital and Cash flows in General Hospitals, Hospitals. Journal of Korea Academia-Industrial cooperation Society, 18(6), 312-318. DOI : 10.5762/KAIS.2017.18.6.312   DOI
5 J. B. Lee. (2020). Relationship between type of hospital founders and hospital profitability. Master's thesis. Soonchunhyang University, Asan.
6 J. M. Kim, U. S. Ham & Y. C. Ahn. (2006). Hospital's Financing Behaviors Based on Comparative Analysis of Trade-off Theory and Pecking Order Theory. Korean journal of hospital management, 11(2), 61-86.
7 O. K. Ha & Y. M. Jung. (2013). Investment efficiency and Relationship between Investment efficiency, Profitability in National University Hospitals. Management and Information System Review, 32(1), 135-151. DOI : 10.29214/damis.2013.32.1.007   DOI
8 Y. J. Moon & D. H. Yang. (2006). A study on the Predictability of Hospital's Future Cash Flow Information. Korean Journal of Hospital Management, 11(3), 19-41.
9 J. D. Lim. (2017). Comparative Analysis of Value Added to Personnel Expenses between General Hospitals and Regional Public Hospitals. The Korean Journal of Health Service Management, 11(4), 67-76. DOI : 10.12811/kshsm.2017.11.4.067   DOI
10 Y. J. Kim & K. H. Kim. (2020). An Analysis on Management Efficiency of The Regional Public Hospitals Using D.E.A. Journal of the Korea Academia-Industrial cooperation Society, 21(8), 512-520. DOI : 10.5762/KAIS.2020.21.8.512   DOI
11 K. H. Jeoung. (2018). A study on the Improvement of Operation through the Revitalization of Profit Structure of Provincial Medical Center. Journal of Health and Medical Science, 6(2), 75-86.
12 A. H. Ha. (2017). Comparison between Korean Regional Public Hospitals and Private non-profit General Hospitals for Investment Efficiency and Management Performance. Journal of the Korea Academia-Industrial cooperation Society, 18(1), 523-529. DOI : 10.5762/KAIS.2017.18.1.523   DOI
13 A. H. Ha & Y. H. Lee. (2017). Effects of Cash Flows from Operating Activities on the Changes in Borrowing in General Hospitals and Hospitals. The Korean Journal of Health Service Management, 11(1), 1-9. DOI : 10.12811/kshsm.2017.11.1.001   DOI