Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/407
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBhat, Ramesh-
dc.contributor.authorJain, Nishant-
dc.date.accessioned2009-09-01T06:03:28Z-
dc.date.available2009-09-01T06:03:28Z-
dc.date.copyright2006-04-
dc.date.issued2009-09-01T06:03:28Z-
dc.identifier.urihttp://hdl.handle.net/11718/407-
dc.description.abstractThis paper analyses financial performance of private hospitals. The study is based on financial statement data of private hospitals for the years 1999 to 2004. Using 25 key financial ratios, the study finds six key financial dimensions. These are: fixed assets age, current assets efficiency, operating efficiency, financial structure, surplus/profit appropriation, and financial profitability/operating cost ratio. The findings suggest that over the years hospitals have shown marginal improvement in financial performance. Though the total amount of debt is not high, it is the cost of debt and ability to service the debt which is making debt burden high for hospitals. The financial risks in this sector are high because of lower profitability and lower operating efficiencies. We discuss the implications of the results.en
dc.language.isoenen
dc.relation.ispartofseriesWP;2006-04-08-
dc.titleFinancial Performance of Private Sector Hospitals in India: Some Further Evidenceen
dc.typeWorking Paperen
Appears in Collections:Working Papers

Files in This Item:
File Description SizeFormat 
2006-04-08rbhat.pdf773.76 kBAdobe PDFView/Open


Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.