Capital operation and financial control by modern hospitals
- VernacularTitle:试论现代医院资本经营与财务管理
- Author:
Daxi ZHENG
- Publication Type:Journal Article
- Keywords:
Hospital;
Capital operation;
Financial control
- From:
Chinese Journal of Hospital Administration
1996;0(02):-
- CountryChina
- Language:Chinese
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Abstract:
The paper first analyzes the currently existing favorable conditions for capital operation by the hospital, including the structural foundation laid by reform in the property right system and the development of the capital market, the opportunities provided by the inflow of foreign capital and other social capital, the beneficial experience gained from regrouping, and the new channels offered by funds raised by going public. Then it expounds the alternatives between the means of intensional operation and extensional operation and the two models of financial control in capital operation, viz. centralization and decentralization. The paper also presents some policy decisions on investment and fundraising in capital operation, namely, establishing a market-adjusted and diversified fundraising mechanism, improving the mechanism of decision analysis in project investment, and strengthening financial risk management in capital operation.
