Assessment of the Financial Condition of a Medical Institution in the Context of Health Care Financing Reform

Chernenok, K.; Semenenko, Hanna; Lukonin, A.

doi:10.32702/2307-2105-2020.12.105

Efektyvna Ekonomika

2020

DOI: 10.32702/2307-2105-2020.12.105

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Assessment of the Financial Condition of a Medical Institution in the Context of Health Care Financing Reform

K. Chernenok¹,

Hanna Semenenko²,

A. Lukonin³

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Cited by 10 publications

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“…M. Povoroznyk [8] examines the dynamics of total health care expenditures in Ukraine, analyzes the effectiveness of the structural distribution of the total costs of financing the health care system, and identifies the financing system asymmetry and imbalances in the provision of medical services. K. Chernenok, H. Semenenko, O. Lukonin [9] study the financial state of a medical institution as for changing the principles of financing its activities. They analyze the main and additional sources of attracting financial support for a medical institution in the context of its transition to the status of a municipal nonprofit enterprise.…”

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COVID Impact Analysis on the Dynamics of Development of the Cough, Cold and Allergy Remedies Segment in Ukraine

Nezhyva¹,

Mysiuk²

2021

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Creating a competitive medical industry in Ukraine, which is based on economic, market principles of modern management and marketing, which will meet the socio-economic and political changes that have occurred recently in Ukraine and continue to this day is the main goal of modern medicine. It is necessary to create such a system of medical care, the functioning of which in Ukraine, on the one hand, will improve the quality of health care standards, and on the other – will improve the state of the health care system and health workers. The biggest problems in the direction of research are: panic-buying increases sales of cough, cold and allergy (hay fever) remedies despite competition from natural treatment initiative; self-medication will continue, as visiting a doctor is considered a last resort; fragmentation continues with local companies leading through lower prices. The aim of the article is to study the trends of cough, cold and allergy remedies in Ukraine and identify the impact of COVID-19 on such segment development. The article examines the medical field and the impact of COVID-19 on its development. Particular attention is paid to the development of such segments as cough, cold and allergy remedies in Ukraine. It was determined that consumers continued the tradition of self-medication during COVID-19, but the pandemic intensified the growth of panic. Retail prices for coughs, colds and allergy remedies are rising. It has been determined that sales of cough, cold and allergy remedies will increase by 8% of the current CAGR value.

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confidence: 99%

COVID Impact Analysis on the Dynamics of Development of the Cough, Cold and Allergy Remedies Segment in Ukraine

Nezhyva¹,

Mysiuk²

2021

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Medical and Social Substantiation of the Financial and Economic State of the Kolomyia District Center of Primary Health Care before and after the Implementation of the Hospital District

Stovban¹,

Толстанов²

2022

Ukr. ž. med. bìol. sportu

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The relevance of the study is due to the problems of medical care of the population of Ukraine caused by the 2019 pandemic and the war of 2022, which requires prompt, timely and high-quality management of the health care system. The purpose of the study was to evaluate the indicators of the financial condition of the Kolomyia Regional Medical Center after the introduction of the hospital district. To achieve the goal, the following tasks were performed in the course of the study: the peculiarities of the formation of hospital districts and the reorganization of the health care system at the local level were shown, the financial condition of the Kolomyia Regional Medical Center was investigated, and the changes before and after the introduction of the hospital district in the main indicators were shown. Materials and methods. In the course of the study, methods of economic analysis were used, in particular, the method of horizontal and vertical analysis, R-indicators. The method of observation and strengths, weaknesses, opportunities, and threats analysis were also used. Results and discussion. The results of the study showed that the Kolomyia Regional Medical Center is characterized by an unstable financial condition with worsening indicators after the introduction of the hospital district. Improvement of the material and technical base and increase in staff wages are positive factors of the impact of the reforms. The practical significance of the study is due to the definition of the problems of implementing the reform in the health care system and the possibility of adjusting the strategy of development of medical institutions of territorial communities. Conclusion. The introduction of hospital districts became one of the elements of the medical reform, which allows optimizing state and local financial resources in order to use them effectively without threats or risks to the population. Such a reform was carried out in 2017, as a result of which a medical cluster was created in the Kolomyia United Territorial Community. Such a cluster made it possible to optimize the work of medical institutions. According to the results of the analysis of the financial condition of the Kolomyia Regional Medical Center before and after the introduction of the hospital district, it can be concluded that, taking into account the unchanged budget costs for financing the Kolomyia Hospital, its financial condition has changed significantly. In particular, indicators of financial condition, liquidity, turnover and profitability have deteriorated. At the same time, due to the use of ineffective means of optimization, in particular, the reduction of personnel, there was an increase in wages, as well as the release of additional funds for equipment and technical support of the medical institution. Of course, the formation of a hospital district did not solve the problems of medicine, and to some extent even aggravated them, since in general, medical institutions faced issues of staff reduction and reduced funding. However, at the same time, newly created medical clusters are opening up new forms of financing that allow them to provide services on a competitive basis and gain financial autonomy and even independence

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Medical and Social Justification of the Financial and Economic Status of the Snyatyn Central District Hospital before and after the Introduction of the Hospital District

Stovban¹,

Толстанов²

2022

Ukr. ž. med. bìol. sportu

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The article is devoted to the study of the issue of medical and social substantiation of the financial and economic status of the Snyatyn Central District Hospital before and after the introduction of the hospital district. The purpose of the study was to analyze the financial economic status of the Snyatyn Central District Hospital in order to determine the efficiency of the introduction of the hospital district. Materials and methods. The object of the study of this scientific article is the activity of the Snyatyn Central District Hospital, which experts have recognized as one of the most successful not only in the region, but also in Ukraine. It is a unique experience in building an effective financial and economic system, which should be taken into account almost by every hospital district when building an effective system of medical services. Results and discussion. Despite the fact that the financial result of the Snyatyn Central District Hospital during the period being studied is negative, the financial condition is determined by stability, autonomy, independence, liquidity and solvency. These are the indicators that allow the organization to plan their expenses according to the needs, to improve the staff and to expand the material and technical base. With regard to the medical and social aspect of the formation of finances during the formation of hospital districts, it should be noted that the reorganization changes have been negatively reflected in the organization's activities, as 45 employees had to be reduced. However, this fact allowed to increase the salary of the staff and to make minor investments in the upgrade of fixed capital. The financial system of the institution continues to improve, and its main purpose is to form the conditions for providing quality services to the population through the use of modern medical technologies and through consultations of highly qualified workers. Conclusion. Based on the results of the research, it can be concluded that the Snyatyn Central District Hospital is one of the most successful in the country, which is confirmed by the relevant certificate. The medical institution effectively manages its own finances and the funds allocated by the state are almost enough for it. The Snyatyn Central District Hospital really deserves a high rating for effective financial management, particularly important are the indicators of the organization's liquidity, which allows solving all the necessary needs of the institution, including the renewal of the material and technical base. Such financial system allows the organization to develop and create a competitive product

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Assessment of the Financial Condition of a Medical Institution in the Context of Health Care Financing Reform

Cited by 10 publications

References 0 publications

COVID Impact Analysis on the Dynamics of Development of the Cough, Cold and Allergy Remedies Segment in Ukraine

COVID Impact Analysis on the Dynamics of Development of the Cough, Cold and Allergy Remedies Segment in Ukraine

Medical and Social Substantiation of the Financial and Economic State of the Kolomyia District Center of Primary Health Care before and after the Implementation of the Hospital District

Medical and Social Justification of the Financial and Economic Status of the Snyatyn Central District Hospital before and after the Introduction of the Hospital District

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