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Effective Management of Medical Centers

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  • Alexander Valkov

Abstract

An effective model is proposed, treating the medical centers as production systems. The key criteria for effectiveness assessment are characterized by means of result hierarchy and by means of the most frequently used indicators in their management. The capabilities of the model for CVP analysis are studied on this basis for the intended business orientation of the medical centers’ management system. The highlights are the overcoming of available organizational and management deficits by means of setting up of centers for management responsibility and well-grounded financial economic decision-making process in summarized key types of management assignments. The model is presented as a decision-making program, resulting in sustainable management of the medical centers.

Suggested Citation

  • Alexander Valkov, 2010. "Effective Management of Medical Centers," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 48-67.
  • Handle: RePEc:bas:econth:y:2010:i:3:p:48-67
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    More about this item

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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