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Title: A theory of hospital financial analysis. Author: Elnicki RA. Journal: Health Serv Res; 1969; 4(1):14-41. PubMed ID: 5799485. Abstract: The problem of determining the financial status of a group of hospitals was posed by the Connecticut Regional Medical Program in 1967 with the question: Are Connecticut's general hospitals financially healthy? The economist assigned to explore the question here describes the economic concepts and the methodology from which models applicable to voluntary hospitals were developed, utilizing the accepted modes of analysis and standards of for-profit business. The basic index of financial health investigated is self-sufficiency, with plant liquidation, revenue control and the role of private payors, and cost control studied as factors affecting the financial status of hospitals.[Abstract] [Full Text] [Related] [New Search]