Financial Performance of Healthcare Facilities in Slovak Republic
Financial Performance of Healthcare Facilities in Slovak Republic

Summary/Abstract: Measuring the performance of healthcare facilities is currently an actual topic. There is a large number of studies on this issue even nowadays, despite the fact that efficiency of hospitals and health care facilities has been under investigation for more than thirty years. Citizens of individual countries and governments invest a large amount of money in healthcare, either directly or indirectly, and as a counterpart they expect high-quality health services. The performance of this part of the public sector though is different from that of traditional business entities. The common goal of all functioning health systems in the world is to improve the health of the population in the country, regardless of the form of funding, ownership or way of organization. On the other hand, each healthcare system brings with it various problems, which are constantly being addressed in order to increase the efficiency of individual healthcare providers. Achieving optimal efficiency is key to both public and private healthcare facilities in order to improve the quality of healthcare provided and also to meet the needs of stakeholders. An efficient management system for healthcare facilities ensures high-quality outputs and eliminates resource waste. The aim of the contribution is to identify the financial situation in the health sector in Slovakia based on financial analysis and the use of cluster analysis.

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