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Financial Condition Analisys of the Hospitals in Varna Region

Author

Listed:
  • Lyubomira Koeva-Dimitrowa

    (Medical University Varna)

  • Mincho Minev

    (Medical University Varna)

Abstract

The financial condition analysis aims to evaluate company’s ability to fund its economic activity at a certain time or for a certain period of time. It relates to numerous financial indicators which could be use to assess the ability of the company to pay its current liabilities and to achieve sustainable development. It is important that the health care managers continuously monitor, analyze and forecast the degree of financial stability of their hospitals. This enables timely implementation of various anti-crisis measures and procedures. In this paper we analyze the financial condition of all eighteen hospitals registered in Varna region by using the information in their Financial statements for the past three years (2014-2016).

Suggested Citation

  • Lyubomira Koeva-Dimitrowa & Mincho Minev, 2018. "Financial Condition Analisys of the Hospitals in Varna Region," Regional Economy and Sustainable Development, Conference Proceedings 2017, Research Institute, University of Economics - Varna, issue 1, pages 280-295, March.
    • Handle: RePEc:vra:pr1803:y:2018:i:1:p:280-295
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    More about this item

    Keywords

    financial condition analysis; financial analysis of hospitals; financial analysis in healthcare.;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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