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http://dx.doi.org/10.5762/KAIS.2011.12.1.125

A Study on the relations between change of productivity and conversion factor of the Accredited Hospitals based on Malmquist index  

O, Dong-Il (Department of Finance and Insurance, SangMyung University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.12, no.1, 2011 , pp. 125-137 More about this Journal
Abstract
This study aims to know whether the Accreditation of Hospitals can help to improve productivity of hospital and affect the conversion factor. Based on the Malmquist productivity Index, the productivity of accredited hospital improves. There exists an tendency that as the scores of Accreditation rises, productivity increases. Also the higher the productivity, the lower the conversion factors in the rigid statistical evidence. This evidence is independent of hospital classification, geographical distribution, grouping. This evidence supports the productivity index can be included in the fee negotiations. It also means that rather than static efficiency, the multi-year change of productivity information can be usefully combined to set a conversion factor in Korean National Insurance Contract especially in the discussion of the structural change of payment system.
Keywords
Malmquist Index; Hospital Accreditation; productivity change; a conversion factor; fee contract;
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Times Cited By KSCI : 3  (Citation Analysis)
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