Korea Journal of Hospital Management (한국병원경영학회지)
- Volume 13 Issue 3
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- Pages.1-16
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- 2008
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- 1226-6299(pISSN)
The Priority Analysis on the Financing of Healthcare Institutions in Korea
의료기관 자본조달 우선순위 분석
- Lee, Woo-Chun (Wonju Medical Industry Techno Valley) ;
- Ahn, Young-Chang (Dept. of Medical Care and Hospital Administration, Hallym College)
- Published : 2008.09.30
Abstract
According to Myers (1984) and Myers and Majluf(1984), there exists a financial hierarchy from internal to external financing, from long-tenn debt to equity, due to information costs. The purpose of this study is to assess the profit-making corporation of healthcare institutions. Data was collected from 130 hospital presidents and financial managers. We analysed the frequency and one way ANOVA by SPSS Windows 14.0K. The major findings of the study were as follows: We found that the priorities which a healthcare institutions financing were internal financial, other allowance, a credit loan, a security loan, and a lease through this study. The priorities which a healthcare institutions raised the capital differed as to the number of beds and revenues. The priorities were no difference from ownership, location and an annual business.