Assessing the financial characteristics of multi-institutional organizations.
Coyne, J S
The prospective pricing of health services is precipitating greater attention to financial characteristics and greater development of multi-institutional organizations (MIOs). This study compares the financial characteristics of 1,590 MIO hospitals with 2,819 freestanding hospitals by ownership type: church-operated, other not-for-profit, and investor-owned. Using 1981 data from the American Hospital Association, the hospitals' capital structure and profitability are measured using three financial ratios: total assets-to-equity, return on equity, and operating margin. The results indicate both greater leverage and greater profitability among MIO hospitals, particularly in the investor-owned sector. The implications of these findings are discussed relative to financial performance by hospital ownership type in the future.
ACESSO AO ARTIGOhttp://www.pubmedcentral.nih.gov/articlerender.fcgi?artid=1068855
- Multi-Institutional Hospital Systems
- Strategic interactions in multi-institutional epidemics of antibiotic resistance
- Multi-institutional arrangements: relationships between governing boards and hospital chief executive officers.
- Positive surgical margins after robotic assisted radical prostatectomy: a multi-institutional study
- Laparoendoscopic single-site surgery in urology: worldwide multi-institutional analysis of 1076 cases