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Estimation of the Romanian hospitals efficiency in relation to hospital market competition

Author

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  • Simona VASILACHE

    (Academy of Economic Studies, Bucharest)

  • Mihaela Cornelia PREJMEREAN

    (Academy of Economic Studies, Bucharest)

Abstract

The study examines a sample of 20 teaching and research Romanian hospitals, located in Bucharest, during the period 2001 – 2005, in terms of their efficiency and influence on their neighbouring health care units, expressed as an idiosyncratic form of market competition. Perspectives in case price competition will become a differentiation factor among hospitals, as health care migrates from the public to the for-profit sector will be addressed to, as well as the analysis of a possible switch, in the teaching and research hospitals’ (TRH) policy, from focusing on technical efficiency to trying to compensate their low operating margins by offering more unverifiable quality, which will be appreciated by the patients suiting a different, now emerging, customer profile.

Suggested Citation

  • Simona VASILACHE & Mihaela Cornelia PREJMEREAN, 2008. "Estimation of the Romanian hospitals efficiency in relation to hospital market competition," Management & Marketing, Economic Publishing House, vol. 3(3), Autumn.
    • Handle: RePEc:eph:journl:v:3:y:2008:i:3:n:6
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    References listed on IDEAS

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