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2019
The hospital is an economic unit and an open system, and it is in a continuous interdependent relationship both with its internal and external environment. The main purpose of the hospital is to produce services at the lowest possible cost. In order for the hospital to realize its purpose, the hospitals’ management needs to make decisions related to ...
Michael Chletsos, Anna Saiti
openaire +1 more source
The hospital is an economic unit and an open system, and it is in a continuous interdependent relationship both with its internal and external environment. The main purpose of the hospital is to produce services at the lowest possible cost. In order for the hospital to realize its purpose, the hospitals’ management needs to make decisions related to ...
Michael Chletsos, Anna Saiti
openaire +1 more source
Hospital closure and economic efficiency
Journal of Health Economics, 2010We present a new framework for assessing the effects of hospital closures on social welfare and the local economy. While patient welfare necessarily declines when patients lose access to a hospital, closures also tend to reduce costs. We study five hospital closures in two states and find that urban hospital bailouts reduce aggregate social welfare: on
Cory, Capps +2 more
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The future of hospital economic health
Critical Care Medicine, 2006To evaluate factors which may influence the economic future of academic medical centers (AMCs).A literature search was performed to identify publications which reviewed the areas of revenue sources for AMCs, costs and expenses incurred by these institutions, and mechanisms for optimizing institutional economic stability.Data were reviewed and evaluated
David R, Gerber +2 more
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Economic Consequences of Hospital Closures
SSRN Electronic Journal, 2021Diane Alexander, Michael R. Richards
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Integrated Risk Management and Artificial Intelligence in Hospital
Journal of AI, 2023Velibor Boži̇ć
exaly