Development and Evaluation of Hospital Management in India

Authors

  • Ujjwal Kansal  Sharda university, Greater Noida, Uttar Pradesh, India
  • Dr. Mohammed Saleh Al. Ansari  College of Engineering University of Bahrain, Bahrain
  • Mohammad Khalid  Krishna Pharmacy College, Bijnor, India
  • Sujata Bhati  Sharda university, Greater Noida, Uttar Pradesh, India

Keywords:

Hospital Management, Artificial intelligence, Electronic Health record, Hospital development and HMIS

Abstract

The hospital industry is emerging very rapidly due to progression in technology and growth in various diseases across the country. Earlier people use to trust on Government Doctors and Hospital but due to globalization and accessibility of better facilities and treatment in Private Hospitals, they have become quite common too. Across the country, there are various Private Hospitals which treats the patients not only from the country but are also famous for their experienced Doctors and treatment facilities all around the world. The purpose of this study was to develop and evaluate hospital performance measures to include aspects of hospital behavior beyond the traditional use of hospital profit margins for policy analysis. A number of measures have been used in the literature that are purported to reflect a variety of hospital behaviors. The reliability and validity of these and new measures were assessed using descriptive statistics and factor analysis on a sample of hospitals for a 3-year period. The sample consisted of all hospitals for which there were Medicare Cost Report and balance sheet data during the federal fiscal years 1987 through 1989. Using a subset of three hospital groups, 33 measures were evaluated, from which five were selected to represent the critical aspects of hospital performance important for policy analysis. The measures are: TEM, a new technical efficiency measure using data envelopment analysis techniques; the current ratio, depicting short-term financial performance; the ratio of long-term debt-to-net fixed assets, representing long-term viability; total margin, portraying profitability; and Medicare margin, characterizing Medicare's contribution to hospital financial position. Each represents different aspects of hospital efficiency and financially viability.

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International Journal of Scientific Research in Science and Technology

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Published

2022-10-30

Issue

Volume 9, Issue 5, September-October-2022

Section

Research Articles

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How to Cite

[1]
Ujjwal Kansal, Dr. Mohammed Saleh Al. Ansari, Mohammad Khalid, Sujata Bhati "Development and Evaluation of Hospital Management in India" International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011,Volume 9, Issue 5, pp.451-462, September-October-2022.