Measures of hospital's financial condition - empirical study

Rafał Siedlecki , Agnieszka Bem , Paweł Prędkiewicz , Paulina Ucieklak-Jeż

Abstract

The aim of financial condition analysis is to signal “early enough” unfavorable changes in selected business activity areas. The most popular, and largest group of signals, there are quantifiable financial signals, because most management decisions and changes in the company's environment is reflected in the financial data. In literature, and also practice, there are a lot of methods of financial condition’s forecasting. Unfortunately, most of them, can’t be applied in hospital industry. In this paper we have shown, that it is possible to analyse financial distress of hospitals, basing on financial ratios. The presented proposal use gradient method, which seems to be an interesting and effective proposition for forecasting financial difficulties, especially, for hospitals
Author Rafał Siedlecki (MISaF / IZF / KFPiZW)
Rafał Siedlecki,,
- Katedra Finansów Przedsiębiorstwa i Zarządzania Wartością
, Agnieszka Bem (MISaF / IZF / KFPiM)
Agnieszka Bem,,
- Katedra Finansów Publicznych i Międzynarodowych
, Paweł Prędkiewicz (ES / DF)
Paweł Prędkiewicz,,
- Department of Finance
, Paulina Ucieklak-Jeż - Jan Dlugosz University in Czestochowa (UJD)
Paulina Ucieklak-Jeż,,
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Pages666-676
Publication size in sheets0.5
Book Bratianu Constantin, Zbuchea Alexandra, Pinzaru Florina, Vatamanescu Elena-Madalina, Leon Ramona-Diana (eds.): Strategica. Local versus Global. International Academic Conference. 3rd edition [dokument elektroniczny CD-ROM], 2015, SNSPA, Faculty of Management, ISBN 978-606-749-054-1, 757 p.
Keywords in Englishsynthetic measures; financial analysis; hospitals; financial distress forecasting
Languageen angielski
Score (nominal)15
Publication indicators WoS Citations = 4
Citation count*8 (2019-12-10)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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