Hospital financial analysis, I focus on content, see
Abstract In this paper, the necessity of hospital financial analysis and methods start with the focus on financial analysis of the content author's point of view expounded.
【Key Words】 Hospital; financial analysis; risk; benefits; index
Hospital financial analysis refers to the financial statements and other information as the basis and starting point, using special methods, systems analysis evaluation of the hospital in the past, the present
financial position, operating results. To determine possible risks of medical services and asset utilization levels of safety and effectiveness to guide the hospital's medical activities, medical services, control of decision-making and provide a reliable basis for economic behavior.
First, the need for financial analysis
As the socialist market economic development and the improvement of the modern hospital system, using scientific and effective means of
funding the activities from the start, analyze the hospital human, material and financial resources utilization, as well as cost, efficiency, effectiveness of the relationship between the order beneficial to understand the medical activities in the financial operations of the
situation, control of economic decision-making and the extent consistent
with the objective of economic management, for leading policy-making to
provide the best economic program.
Through the hospital medical and health services, scientific
research, teaching and medical resource consumption, results of a comparative analysis to identify the gap between the various departments and problems and take measures to accelerate cash flow, improve equipment utilization, and further tap the potential of hospital operations, the correct Evaluation of the hospital plan and budget implementation, to ensure the correct operating direction of the hospital to improve the hospital management level, with minimal labor consumption, to achieve the
best possible social and economic benefits.
Second, financial analysis of the basic method
(A) Comparative analysis
With different periods of historical data for comparison; with similar hospitals or industry averages can be compared; compared with the
budget or plan.
(B) factor analysis
Determine the composition of a number of factors and indicators of decomposition were measured indicators of certain factors on the effects of changes in the direction and extent.
(C) balanced analysis
Will link the various economic activities, a balanced analysis of the relationship were measured indicators of changes in various factors on the degree of influence.
(Iv) structural analysis
Calculation of an economic indicator of the various components and the overall proportion, and analyze the changes, so as to equip the characteristics and trend of things, understanding the nature of things and the objective law.
Third, strengthening hospital financial analysis focused on the content of
Hospital financial analysis as an important component of financial management and an important means of increasingly become the hospital's leadership is expected to grasp the economic goals of the key management
method. In my opinion, the hospital financial analysis should include the following aspects.
(A) two-effectiveness analysis of a balanced development of
Since the state finance the hospital is limited, the hospital staff
to protect the wages and benefits, as well as the maintenance of normal development, there is no good economic returns can not function properly. The non-profit hospitals in turn determines the economic and social benefits the hospital must develop simultaneously. On the two benefits in
terms of the direction of balanced development, financial analysis of indicators should include: first, quantitative analysis of medical services, such as outpatient, hospital visits, average length of stay patient days, bed occupancy rate and so on. Second, the quality of medical services situation analysis, such as the level of charges for each outpatient, hospital bed days the level of charges, drug revenues accounted for the proportion of revenue, insured and non-insured
constitutes a proportion of income, these indicators are social indicators of both the also part of eco-efficiency indicators. In general, these
indicators should not be too high, such as the drugs are limits than the target, right to control drugs to support medical care, buying and selling drugs to curb unhealthy practices, reducing the financial burden of the patients are important.
(B) Asset Structure Analysis
Hospital survival and development are closely related to its asset structure, asset structure is the stability of the financial situation of the hospital and access to effective strength of the key to the strength level of the hospitals ability to reflect future earnings. Usually asset-
liability ratio as indicators of asset structure, indicating the total
assets in the hospital, the number of assets obtained through debt, this indicator is internationally recognized measure of corporate debt repayment ability and the main indicators of business risk. From an enterprise perspective, the debt is aimed at owner's equity through the appropriate debt to maximize the hospital solvency is based on the size of
assets and liabilities determined and are subject to national policy, local economic conditions affecting the general talk about the hospital's
assets-liability ratio, the lower show to the assets acquired less liabilities. But from the perspective of business, asset-liability ratio
is too low, indicating the use of external funding the hospital is poor; and asset-liability ratio is too high, indicating inadequate funding of
hospitals, relying on debt maintenance, debt service risk is too high, so the rates of assets and liabilities maintained at a level which is better. A reasonable range of internationally recognized 60% -70% to 85% and
above, it should be early warning signals. In analyzing the level of hospital assets and liabilities should be integrated socio-economic
conditions, industry trends, the competitive environment in which to evaluate such specific conditions.
(C) Liquidity Analysis
The liquidity of assets that the liquidity analysis to determine the hospital's asset quality. The current ratio is to evaluate the hospital before the expiry of current assets in the short-term debt can be turned
into cash for the ability to repay current liabilities. In the business activities, accounts receivable medical models, drugs that affect the turnover rate of flow rates of the main factors in the actual calculation should be noted that liquidity ratio is a positive indicator should be the
bigger the better, but because current assets are less profitable assets , the liquidity ratio is too high may indicate that hospitals take up too much cash and related liquidity, opportunity costs, and financial resource utilization will be reduced, resulting in a waste of money. It should be with other hospitals or the entire health care industry average, compared to a 2:1 current ratio generally considered to be good. Quick ratio is the net of medicine, inventory supplies, material in the processing of these
changes after a slow flow of liquid assets liabilities ratio, current assets can be used to measure the hospital immediately for the ability to pay current liabilities, in fact the hospital short-term ability to pay
more careful reflection, usually 1:1 is considered more normal quick ratio.
(D) income index analysis
Earnings capacity of the main evaluation of the hospital use of limited assets, net assets, income-earning capacity, the evaluation
indicators such as return on assets, net capital gains rate, the balance rate, revenue per employee, as well as hundred of professional equipment, medical and income. Business activities in the hospital, through a comparison of income and invest resources to evaluate the hospital
efficiency in the use of assets and the allocation of resources in science, the validity and application of net capital gains rate as the evaluation of operating performance indicators, is the method commonly used by foreign companies . Return on assets reflects the level of
utilization of hospital assets and guide the hospital to strengthen cost
accounting, cost control spending; revenue per employee is a reflection of hospital staff to create value; the balance is the basis for the further development of the hospital; hundred professional equipment to reflect the hospital medical income specialized equipment for medical income, pulling effect; financial self-sufficiency rate in the hospital recurrent balance, greater than 1, indicating the hospital recurrent expenditure can be self-
sufficient, otherwise leave the government subsidy will not survive.
(E) Operational Capability Analysis
Evaluation of operational capacity of the main hospital on the various asset management the ability to operate on the rational use of
resources and the effective allocation of capacity, the focus should be on practical completion of the data and the daily management of the hospital compared to the previous set of indicators. Through the turnover rate targets, the hospital business income with the average balance of assets, compared to evaluate the use of hospitals in the period of time assets management activities. Such as the medical section receivable turnover rate indicates that patients in hospitals, the speed of recovery of
arrears is generally believed that the higher the better, because it shows that speed of receivables, funds occupy less bad debt losses may be reduced, high liquidity, corporate solvency Strong. Drugs used to determine the turnover rate of hospital drugs, cash rate, reflecting the
hospital's drug inventory management level, without prejudice to the case of the hospital business needs should be absolute minimum reserves for the best. Turnover number of beds per hospital bed from the effective use of
beds in the efficiency level of description, to a certain extent reflects the hospital's efficiency and quality of medical care.
(F) Cost control analysis
In all industries and to promote conservation, improve the efficiency of cost control in the context of particularly strong. For hospitals, the suppression blind expansion, single-minded pursuit of sophisticated
equipment and technology, rather than focus on content development, not only the medical industry development disorders, health care resource
allocation imbalanced, and more a direct result of the rapid growth of medical costs and the total cost of health unreasonable rise, so cost control has become the main way to improve the economic efficiency of the hospital. To carry out cost control analysis, first of all, to correctly evaluate the implementation of the hospital cost-control objectives of
effectiveness, improve cost-effectiveness of medical personnel emphasize
the positive nature; Second, adoption of cost data to identify the reasons
for elevating health care costs, seeking to further reduce health care costs method. The ability of hospital cost control through the management fee percentage of the total cost, analysis of structural changes and development of the hospital spending trend; personnel expenses to total expense ratio reflects the moderate costs, the pursuit of the same idea of the lowest-cost business income; fixed asset value ratio reflects the size
of the hospital development and the technical means to update the hospital
(7) Hospital Analysis of innovation capability
Intrinsic motivation of hospital development in medical science and technology, constant innovation, continuous improvement of treatment methods to promote the medical science and technology progress. Therefore,
the evaluation of positive significance to the hospital ability to innovate. Evaluation of the hospital ability to innovate, mainly from the net assets of hospitals, medical and income growth of two indicators to reflect. Conducting financial analysis, the hospital should pay particular attention to scientific and technological innovation, while research and development expenditures accounted for the proportion of business income, it is reflecting the strength of the hospital technology development
capability important indicator, the indicator higher, indicating that the hospital's capacity for innovation and stronger competitive edge.
In short, the hospital's financial analysis is the hospital a full range of system analysis, single index can not grasp the overall financial situation of the hospital, we must focus on a series of static analysis of the intrinsic relationship among the indicators to avoid one-sidedness of
the individual indicators, the problem becomes complex easy to research
and analysis, financial analysis, so that really play their due role. ?
 Zhao Mei-Jun. Of the hospital financial analysis methods and evaluation index system [J]. China Hospital Management Journal, 2004,20 (10) :63-64.
 Jing Qin status. Hospital errors and deficiencies in financial analysis, analysis of [J]. Health Economics Research, 2008 (2).