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Does the agglomeration effect occur in the hospital sector? The impact of agglomeration economies on the financial performance of hospitals—An evidence from Poland

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  • Bartłomiej Krzeczewski
  • Olga Krzeczewska
  • Anna Pluskota
  • Radosław Pastusiak

Abstract

The main aim of the article is to analyze the occurrence of agglomeration effect in the hospital sector on the basis of financial performance. The considerations are made on the example of hospitals in Poland—the country that survived the latest economic crisis relatively well, usually generating positive values of GDP, but where still there is an ongoing discussion on the final shape of healthcare financing model. The article is based on the assumption that there occur significant differences in financial performance between hospitals according to their location. The research hypothesis is as follows: Hospitals operating in big cities are featured by better financial condition than their counterparts operating in smaller towns. To verify the hypothesis, the methods of financial analysis and statistical hypothesis testing are used. As it is emphasized in the article, the assumption is true and the hypothesis can be verified positively.

Suggested Citation

  • Bartłomiej Krzeczewski & Olga Krzeczewska & Anna Pluskota & Radosław Pastusiak, 2019. "Does the agglomeration effect occur in the hospital sector? The impact of agglomeration economies on the financial performance of hospitals—An evidence from Poland," International Journal of Health Planning and Management, Wiley Blackwell, vol. 34(2), pages 553-571, April.
  • Handle: RePEc:bla:ijhplm:v:34:y:2019:i:2:p:553-571
    DOI: 10.1002/hpm.2716
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    Cited by:

    1. Katarzyna Dubas-Jakóbczyk & Ewa Kocot & Anna Kozieł, 2020. "Financial Performance of Public Hospitals: A Cross-Sectional Study among Polish Providers," IJERPH, MDPI, vol. 17(7), pages 1-14, March.

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