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Hospitals’ Financial Health in Rural and Urban Areas in Poland: Does It Ensure Sustainability?

Author

Listed:
  • Agnieszka Bem

    (Department of Corporate Finance and Public Finance, Wrocław University of Economics, 53-345 Wrocław, Poland)

  • Rafał Siedlecki

    (Department of Corporate Finance and Public Finance, Wrocław University of Economics, 53-345 Wrocław, Poland)

  • Paweł Prędkiewicz

    (Department of Corporate Finance and Public Finance, Wrocław University of Economics, 53-345 Wrocław, Poland)

  • Patrizia Gazzola

    (Department of Economics, Università degli Studi dell’Insubria, 21100 Varese, Italy)

  • Bożena Ryszawska

    (Department of Corporate Finance and Public Finance, Wrocław University of Economics, 53-345 Wrocław, Poland)

  • Paulina Ucieklak-Jeż

    (Faculty of Philology and History, Jan Dlugosz University in Czestochowa, 42-200 Częstochowa, Poland)

Abstract

Literature review suggests that rural hospitals are in the worst financial conditions due to several factors: They are smaller, located in remote areas, and they provide less specialized services due to their problems with employing well-qualified staff. We decided to check whether it is true in the case of Polish hospitals. Based on the literature review, we have assumed that rural hospitals have less favorable financial conditions. In order to verify this assumption, we use seven indicators of financial health as well as a synthetic measure of financial condition. We have found that, in fact, there is no difference in financial condition between rural and urban hospitals, or even that the financial health of rural hospitals is better if we employ the synthetic measure. Additionally, we have found that the form of activity can be a crucial driver of better financial performance. The concept of rural sustainability is supported by good financial conditions of rural hospitals, which helps to provide better access to medical services for inhabitants of rural areas.

Suggested Citation

  • Agnieszka Bem & Rafał Siedlecki & Paweł Prędkiewicz & Patrizia Gazzola & Bożena Ryszawska & Paulina Ucieklak-Jeż, 2019. "Hospitals’ Financial Health in Rural and Urban Areas in Poland: Does It Ensure Sustainability?," Sustainability, MDPI, vol. 11(7), pages 1-17, April.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:7:p:1932-:d:218981
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    References listed on IDEAS

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    Cited by:

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    2. Robert Stefko & Beata Gavurova & Viera Ivankova & Martin Rigelsky, 2020. "Gender Inequalities in Health and Their Effect on the Economic Prosperity Represented by the GDP of Selected Developed Countries—Empirical Study," IJERPH, MDPI, vol. 17(10), pages 1-26, May.
    3. Magdalena Rzemieniak & Monika Wawer, 2021. "Employer Branding in the Context of the Company’s Sustainable Development Strategy from the Perspective of Gender Diversity of Generation Z," Sustainability, MDPI, vol. 13(2), pages 1-24, January.
    4. Justyna Rój, 2020. "Inequality in the Distribution of Healthcare Human Resources in Poland," Sustainability, MDPI, vol. 12(5), pages 1-27, March.
    5. Krzysztof Goniewicz & Patrycja Misztal-Okońska & Witold Pawłowski & Frederick M. Burkle & Robert Czerski & Attila J. Hertelendy & Mariusz Goniewicz, 2020. "Evacuation from Healthcare Facilities in Poland: Legal Preparedness and Preparation," IJERPH, MDPI, vol. 17(5), pages 1-9, March.
    6. Justyna Rój & Maciej Jankowiak, 2021. "Socioeconomic Determinants of Health and Their Unequal Distribution in Poland," IJERPH, MDPI, vol. 18(20), pages 1-20, October.
    7. Beata Gavurova & Jan Dvorsky & Boris Popesko, 2021. "Patient Satisfaction Determinants of Inpatient Healthcare," IJERPH, MDPI, vol. 18(21), pages 1-18, October.

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