Comparing apples to apples: the relative financial performance of Manitoba's acute care hospitals

Research

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Publication Topics

Comparing apples to apples: the relative financial performance of Manitoba's acute care hospitals

Title
Publication TypeJournal Article
Year of Publication2002
AuthorsWatson D, Finlayson G, Jacobs P
JournalHealthcare management forum / Canadian College of Health Service Executives = Forum gestion des soins de sante / College canadien des directeurs de services de santeHealthc.Manage.Forum
VolumeSuppl
Pages39 - 46
Date Published2002
KeywordsAcute Disease/economics, Benchmarking/economics/statistics & numerical data, Capital Expenditures/classification/statistics & numerical data, Diagnosis-Related Groups/economics/statistics & numerical data, Economics, Hospital/classification/statistics & numerical data, Financial Management, Hospital/classification/statistics & numerical data, Hospital Costs/classification/statistics & numerical data, Hospitals/classification, Humans, Manitoba
AbstractThis paper presents comparative financial ratios that can be adopted by health system administrators and policy analysts to begin to evaluate the performance of acute care hospitals. We combined financial, statistical and clinical information for 73 acute care hospitals in Manitoba for fiscal 1997/98 to calculate 15 indicators of financial performance. Our findings suggest that there is variability between hospital types in their average costs per weighted case, cost structure and financial performance.
Citation Key495