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A Statistical Study On Key Performance Indicators In Health System

Author

Listed:
  • Lucian MIRESCU

    (University of Craiova, Craiova, Romania)

  • Ana-Maria Camelia POPESCU

    (University of Craiova, Craiova, Romania)

Abstract

In this paper, a statistical study on key performance indicators in health system is given and two regression models with the average cost of hospitalization as the dependent variable are found. Using linear regression, it was found that a decrease in the average cost per day of hospitalization can be achieved by increasing the bed utilization rate and increasing the number of cases treated in a calendar year. Also, the decrease in the case-mix index, which can be achieved by increasing the number of resolved cases, leads to a decrease in the average cost of hospitalization per day. The obtained results were interpreted and certain measures are proposed to improve health management.

Suggested Citation

  • Lucian MIRESCU & Ana-Maria Camelia POPESCU, 2023. "A Statistical Study On Key Performance Indicators In Health System," Management and Marketing Journal, University of Craiova, Faculty of Economics and Business Administration, vol. 0(1), pages 25-35, May.
    • Handle: RePEc:aio:manmar:v:xxi:y:2023:i:1:p:25-35
    as

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    References listed on IDEAS

    as
    1. Farasat A. S. Bokhari & Yunwei Gai & Pablo Gottret, 2007. "Government health expenditures and health outcomes," Health Economics, John Wiley & Sons, Ltd., vol. 16(3), pages 257-273, March.
    2. Rimee Bhuyan & Nizara Kalita & Gayatri Goswami, 2018. "Health Performance Index and Healthcare Expenditure in Assam: Are There any Structural Change?," India Studies in Business and Economics, in: Utpal Kumar De & Manoranjan Pal & Premananda Bharati (ed.), Issues on Health and Healthcare in India, chapter 0, pages 229-239, Springer.
    3. Utpal Kumar De & Manoranjan Pal & Premananda Bharati (ed.), 2018. "Issues on Health and Healthcare in India," India Studies in Business and Economics, Springer, number 978-981-10-6104-2, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    key performance indicators; health system; econometric models; linear regression;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection

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