财务理论与医院现金结余。

Q4 Medicine

Journal of Health Care Finance Pub Date : 2013-01-01

Howard L Rivenson, Dean G Smith

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引用次数: 0

摘要

人们提出了一些相互竞争的金融理论来理解医院的现金持有量，但缺乏最近的证据。使用来自全国608家非营利性医院样本的数据，我们发现了假设目标现金余额的权衡理论的支持。我们没有发现金融等级理论的支持，该理论假设人们倾向于使用现金支付资本投资。研究结果适用于持有现金和有价证券，但不适用于没有模型提供有意义解释力的董事会指定基金。

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本刊更多论文

Finance theory and hospital cash balances.

Competing financial theories have been offered to understand hospitals' cash holding with scant recent evidence. Using data from a national sample of 608 not-for-profit hospitals, we find support for the trade-off theory which posits targeted cash balances. We do not find support for the financial hierarchy theory which posits a preference for use of cash to pay for capital investments. Findings apply to holdings of cash and marketable securities, but not board-designated funds where no model provided meaningful explanatory power.

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来源期刊

Journal of Health Care Finance Medicine-Health Policy

CiteScore

1.70

自引率

0.00%

发文量

期刊介绍： The Journal of Health Care Finance is the only quarterly journal devoted solely to helping you meet your facility"s financial goals. Each issue targets a key area of health care finance. Stay alert to new trends, opportunities, and threats. Make easier, better decisions, with advice from industry experts. Learn from the experiences of other health care organizations. Experts in the field share their experiences on successful programs, proven strategies, practical management tools, and innovative alternatives. The Journal covers today"s most complex dollars-and-cents issues, including hospital/physician contracts, alternative delivery systems, generating maximum margins under PPS.