Analysis of Public Hospital Financial Performance and Sustainability (Study of Public Hospital That Has Been Applying Financial Management of Public Service Bodies)
| Main Authors: | , Tika Danti Isnurini, , Dr. Suad Husnan, MBA |
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| Format: | Thesis NonPeerReviewed |
| Terbitan: |
[Yogyakarta] : Universitas Gadjah Mada
, 2012
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| Subjects: | |
| Online Access: |
https://repository.ugm.ac.id/98353/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=52201 |
Daftar Isi:
- The implementation of financial management of public service bodies system (BLU) in the public hospital has provided a hospital the financial management flexibility that allowed them to use the revenue directly to finance their activities without deposit it first to the state account. The policy is expected to improve the performance of the public hospital. The objective of this research is to analyze the benefit of financial flexibility toward the financial performance and sustainability of public hospital including the independence of public hospital toward the state budget funding. This research use financial ratio analysis to measure the performance and sustainability of public hospital in the period 2006-2010. The financial ratio indicators are total margin, operating margin, operating EBIDA margin, current ratio, days cash on hand ratio, self financing ratio, total asset turnover ratio, and fixed asset turnover ratio. The information about revenue by source and expenditure composition is added in order to understand the hospital finance. The sample are public hospitals that has been applying public service bodies system for a minimum period 4 years. The research only use financial statement of public hospital as a source of data. The analysis consist of descriptive analysis and hypothetical testing of the financial performance and sustainability. The descriptive analysis use descriptive statistic in the form of numeric and graphic while the hypothetical testing use one way ANOVA test and the BrownForsythe and Welch test. Regression equation is used to know the trend of the performance for the five years period. By using significant level 5 percent, it is shown that there are no differences or improvement in the financial performance and sustainability of public hospital in the period 2006-2010 after receiving financial flexibility.