Evaluation of the Efficacy of Iranian Public Hospitals for Selection and Adoption in the Capital Market

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Rahati Meghdad; MASOUDI ASL IRAVAN; Aboulhallaje Masoud; JAFARI MEHDI; Moshiri Tabrizi Hossein

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Journal: HEALTH INSURANCE Year:2018 | Volume:1 | Issue:3 Page(s): 72-81

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Title

Evaluation of the Efficacy of Iranian Public Hospitals for Selection and Adoption in the Capital Market

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Keywords

Efficiency

Data Envelopment Analysis

Capital Market

Abstract

Introduction: Because of organizations must to have a clear perspective of continuing profitability to be accepted in the Capital Market, researchers survey Efficiency evaluation of the Iranian Public Hospital, so that select qualified hospitals for admission to the Capital Market by separating efficient and inefficient hospitals Methods: It is a descriptive, analytical and retrospective study. Data Envelopment Analysis technique, CCR model and BCC input-axis, were used to measure Efficiency. Data includes input and output of public hospital operations, as the inputs include the number of active beds, the number of physician personnel, the number of non-medical personnel and output include the number of hospital admission, the number of outpatient admissions and the bed occupancy rate. The statistical population consisted of 592 public hospitals. According to available data, 558 hospitals were selected. The DEA Solver Pro and SPSS software were used. Results: In the CCR model, 123 hospitals were efficient (22%), and in BBC model, 183 Hospitals (33%). The average Efficiency of hospitals in the CCR model were 0. 66 and in the BCC model were 0. 75. Conclusions: According to the Data Envelopment Analysis model (input-axis) inefficient hospital can achieve efficient unit by changing their inputs. But it seems to make sustainable changes, Macro policies and strategies in the health sector should be changed, which can include the autonomy of hospitals, the integration of efficient and inefficient hospitals, Or the formation of hospital cooperation and accept in the Capital Market.

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References

HOSPITALS’ EFFICIENCY IN IRAN: A SYSTEMATIC REVIEW AND META-ANALYSIS OF TWO DECADES OF RESEARCH

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APA: Copy

Rahati, Meghdad, MASOUDI ASL, IRAVAN, Aboulhallaje, Masoud, JAFARI, MEHDI, & Moshiri Tabrizi, Hossein. (2018). Evaluation of the Efficacy of Iranian Public Hospitals for Selection and Adoption in the Capital Market. HEALTH INSURANCE, 1(3 ), 72-81. SID. https://sid.ir/paper/265932/en

Vancouver: Copy

Rahati Meghdad, MASOUDI ASL IRAVAN, Aboulhallaje Masoud, JAFARI MEHDI, Moshiri Tabrizi Hossein. Evaluation of the Efficacy of Iranian Public Hospitals for Selection and Adoption in the Capital Market. HEALTH INSURANCE[Internet]. 2018;1(3 ):72-81. Available from: https://sid.ir/paper/265932/en

IEEE: Copy

Meghdad Rahati, IRAVAN MASOUDI ASL, Masoud Aboulhallaje, MEHDI JAFARI, and Hossein Moshiri Tabrizi, “Evaluation of the Efficacy of Iranian Public Hospitals for Selection and Adoption in the Capital Market,” HEALTH INSURANCE, vol. 1, no. 3 , pp. 72–81, 2018, [Online]. Available: https://sid.ir/paper/265932/en

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