Work detail

The impact of the form of ownership on the financial performance of a hospital

Author: Bc. Adam Jankura
Year: 2011 - summer
Work type: Bachelors
Language: Slovak
Pages: 69
Awards and prizes:
Abstract: This thesis examines the influence of legal form of ownership of a hospital on its fi
nancial performance in the Czech republic. Applying the 2009 cross-sectional data on
hospitals, several performance indicators were explored. We used both external and
internal hospital characteristics determining financial performance, which we observed
on the basis of accounting data. Through employed regression analysis, the relationship
between the legal form of ownership and performance was not confirmed. On the other
hand, the analysis found significant positive influence of private ownership, which is
an essential condition of utilization of potencial positive effects of the corporate legal
form of ownership. Better financial performance of the private hospitals and non-signif
icant differences in the performance of public hospitals of both legal forms of ownership
(semi-budgetory organization or corporation) confirm these conclusions. Moreover, ac
cording to our results, hospital profitability is determined by some demografic factors
as well as by the size of hospitals. This thesis reveals that effort of the state to increase
financial performance of public hospitals through the change of their legal form does
not bring desired effects.
Downloadable: Bachelor Thesis of Jankura


Česká Spořitelna


Patria Finance