Abstract
The purpose of the study is to explore and evaluate the financial performance of nonprofit hospitals in Taiwan. Final financial statements in the fiscal year 2007 of 34 non-profit hospitals in Taiwan were the foundation of the study to audit the performances. The study collects 24 financial variances from the accounts in the financial report of each Hospital. Utilizing factor analysis and cluster analysis to execute the statistical analysis. Findings were: There are four financial factors that can affect financial performance. They are Liability, Structure, Revenue and Activity, respectively. Chang Gung and Tzu Chi hospitals had good performances in structure and revenue concepts. Country and Clinic hospitals were skilled in Activity concept. Taiwan Adventist and En Chu Kong hospitals were good at liability concept. We reconfirmed by discriminant analysis method that the accuracy of grouping had reached 85%. This study suggests that hospitals should actively establish their specialties of financial management. Therefore, the performance of the hospital will make progress on operating and managing.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
