Impact analysis of public hospital corporate governance on their public welfare

Abstract

Objective To explore the influence of corporate governance at public hospitals on their nature of public welfare, in order to provide reference for promoting the reform of public hospital corporate governance. Methods Hypotheses of such impacts were raised by means of literature review.460 questionnaires were collected from site survey, and four factors of public hospital corporate governance were used as independent variables, and five factors of the public welfare performance as dependent variables, for a correlation analysis and multiple linear regression analysis. Results A clear correlation is found among medical service level, and decision-making mechanism, the mechanism of key employees recruit/evaluation/incentive and their constraints(P<0.05). Completion status of public health services is significantly correlated with the mechanism of recruit/evaluation/incentive and constraint, and their supervision mechanism as well(P<0.05). Medical technology level and cost of medical services are significantly correlated with decision-making mechanism. Conclusions In consideration of public hospital corporate governance, such mechanisms as decision-making, supervision, recruit, evaluation, incentive and constraint for key employees play a key role for public welfare performance.It is recommended to promote the hospital corporate governance reform from the above aspects. Key words: Public hospital; Corporate governance; Public welfare; Multiple linear regression; Effect