Performance of Czech hospitals: comparison with ideal solution
Performance of Czech hospitals: comparison with ideal solution

Author(s): Lucie Váchová, Taťána Hajdíková
Subject(s): Health and medicine and law
Published by: Masarykova univerzita nakladatelství
Keywords: hospitals; performance; TOPSIS;
Summary/Abstract: Healthcare system is in general considered as an important consumer of state expenses. Therefore the attention should be paid to its performance. For modelling the financial situation, models predicting financial distress are frequently used. They are usually based on monitoring financial indicators. Specific area of health care consists of hospitals that can have various legal forms. In the paper, we compare selected hospitals based on The Technique for Order Preference by familiarity to Ideal Solution (TOPSIS). The aim of the paper is to create list of hospitals ranked according to their performance. Additionally, we aim to identify if, how and why the position of hospitals changed in consecutive years. In the paper we consider data from the Czech Republic. Based on the analysis we can read if some strong differences exist in performance of hospitals. Results can eventually help the hospital management in looking for improvements in the process of decision making.

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