PROFITABILITY ANALYSIS OF PUBLIC-PRIVATE PARTNERSHIP IN HEALTHCARE DELIVERY IN SPAIN

被引：0

作者：

Gonzalez-de Julian, Silvia ^{[1
]}

Polo-Garrido, Fernando ^{[1
]}

Barrachina-Martinez, Isabel ^{[2
]}

Vivas-Consuelo, David ^{[2
]}

机构：

[1] Univ Politecn Valencia, Fac Business Adm, Dept Econ & Social Sci, Bulding 7j,Camino Vera S-N, Valencia 46022, Spain

[2] Univ Politecn Valencia, Fac Business Adm, Ctr Econ Engn, Bulding 7j,Camino Vera S-N, Valencia 46022, Spain

来源：

10TH INTERNATIONAL SCIENTIFIC CONFERENCE BUSINESS AND MANAGEMENT 2018 | 2018年

关键词：

Public Private Partnership; financial statement analysis; health care management; POLICY;

D O I：

10.3846/bm.2018.52

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In the Valencian Community (Spain) there are 5 health districts managed by public-private partnerships. They are the so-called Alzira model, where the concessionaire builds and maintains the hospital facilities and provides health care services. The purpose of this paper is to address problems raised in the calculation of the limiting clause of profitability and to develop a financial statement analysis in order to assess profitability, solvency and liquidity. Results indicate that all concessionaires show very high debt-to-assets ratio, low liquidity, ROA fluctuates between 2.45% and 12.42%, and the IRR varies between 3.47% and 13.15%. Despite this, four of five concessionaries exceed the limiting clause using an "ad hoc" method as proxy of "cash flows".

引用

页码：473 / 481

页数：9

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