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Do managerial efficiency and social responsibility drive long-term financial performance of not-for-profit hospitals before acquisition?.
Resource type
Author/contributor
- Phillips, J F (Author)
Title
Do managerial efficiency and social responsibility drive long-term financial performance of not-for-profit hospitals before acquisition?.
Abstract
Due to steep declines in charitable support and reduced demand for traditional hospital services, economic goals are increasingly important to not-for-profit hospitals. Effects of efficient management and effective pursuit of not-for-profit status (for example, levels of Medicare, indigent patients, and unprofitable services) on financial viability are explored. While previous research compared hospitals of different ownership status, not-for-profit hospital operations before acquisition by for-profit hospital chains are investigated--"neutral ground" relative to ownership. Results suggest minor links between efficiency and long-term profitability despite effectiveness in pursuit of non taxable status.
Publication
Journal of health care finance
Date
1999
Volume
25
Issue
4
Pages
67-76
Journal Abbr
J Health Care Finance
Citation Key
phillipsManagerialEfficiencySocial1999
ISSN
1078-6767
Language
English
Extra
Place: United States
Phillips, J F. Southern Connecticut State University, New Haven, USA.
Citation
Phillips, J. F. (1999). Do managerial efficiency and social responsibility drive long-term financial performance of not-for-profit hospitals before acquisition?. Journal of Health Care Finance, 25(4), 67–76.
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