Impacts of the COVID-19 pandemic on private hospitals in Brazil

Morais, Andrizio Alexandrino de; Malik, Ana Maria; Vecina, Gonzalo

doi:10.31744/einstein_journal/2023ao0174

Cited by 1 publication

(1 citation statement)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…[10] What’s more, there was a decrease in private hospital profitability in the era of COVID-19. [11] Therefore, ensuring the financial health and long-term development of private hospitals is beneficial to the stability of China medical system. [12]…”

Section: Introductionmentioning

confidence: 99%

Evaluating private hospital performance before and during COVID-19 in China

Wang,

2024

Medicine

View full text Add to dashboard Cite

The coronavirus disease 2019 (COVID-19) pandemic had a tremendous impact on the global medical system. The development of private hospitals is an important measure to deepen the reform of China’s medical and health system, and an important driving force to improve the effective supply of medical services. This study aims to compare the performance of China’s private hospitals before and during COVID-19 and determine the factors that affect hospital profitability between the 2 periods. Data are collected from 10 private listed hospitals from 2017 to 2022, and ratio analysis is used to measure hospital performance in 5 aspects, namely profitability, liquidity, leverage, activity (efficiency), and cost coverage. Multiple regression analysis is used to determine the influencing factors of hospital profitability. The results show a negative impact of COVID-19 on private hospital performance. Specifically, regardless of region, hospital profitability, liquidity, and cost coverage were reduced due to COVID-19, while hospital leverage was increased. COVID-19 had also an impact on hospital efficiency. In addition, before COVID-19, current ratio and cost coverage ratio were the determinants of hospital profitability, while only cost coverage ratio affected hospital profitability during the COVID-19 outbreak. We provide evidence that COVID-19 had an impact on China private hospitals, and the findings will aid private hospitals in improving their performance in the post-COVID-19 era.

show abstract

Section: Introductionmentioning

confidence: 99%