Korea Journal of Hospital Management (한국병원경영학회지)

Korean Society of Hospital Management (한국병원경영학회)
권호 표지

Economic Effects of Subsidiary Services in Hospitals

병원급 의료기관 의료부대사업의 경제적 파급효과

  • Lee, Ye Seol (Graduate School of Public Health, Yonsei University) ;
  • Lee, Sang Gyu (Graduate School of Public Health, Yonsei University) ;
  • Kwon, Sung Tak (Administration Division, Yonsei University Health System) ;
  • Kim, Tae Hyun (Graduate School of Public Health, Yonsei University)
  • 이예슬 (연세대학교 보건대학원) ;
  • 이상규 (연세대학교 보건대학원) ;
  • 권성탁 (연세대학교 의료원 사무국) ;
  • 김태현 (연세대학교 보건대학원)
  • Received : 2016.01.13
  • Accepted : 2016.03.18
  • Published : 2016.03.31
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Abstract

This study is conducted to estimate economic ripple effects of subsidiary services of hospitals. Using the Input/Output Analysis, this study analyzes production inducement effect, added value inducement effect, and labor inducement effect. Also, it assesses potential economic effects of the subsidiary services of which the scope is expanded as the government's proposed in 2014. Data regarding hospital subsidiary services and economic effects are obtained from the hospitals' financial statements on the National Tax Services and the Bank of Korea. The major results of this study are summarized as follows; subsidiary service profits of hospitals are 466 billion won and rent profits of hospitals are 152 billion won. Of these, the rate of subsidiary service profits in tertiary hospitals is about 66% of total subsidiary service profits. Producement inducement effect of subsidiary services of hospitals is higher than that of total industry, service industry and medical service industry. Added value inducement effect of subsidiary services of hospitals is higher than that of total industry, manufacturing industry, service industry and medical service industry. Job position inducement effect of subsidiary service in hospitals is higher than that of total industry, service industry and medical service industry. Also, employment inducement effect of subsidiary service in hospitals is higher than that of total industry and medical service industry. The results may suggest that subsidiary services revenue in medical institutions contribute to improving operating profits. Facing with intense market competition and pressures to control health care costs, hospitals may need to determine whether subsidiary services help boost their profitability and improve customer satisfaction.

Keywords

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