Analysis of Determinants of Hospital Closures: Focusing on Cox Proportional Hazard Model
10.4332/KJHPA.2022.32.3.317
- Author:
Hyun Min OK
1
;
Sung Hyun KIM
;
Seok Min JI
Author Information
1. School of Economics, University of Seoul, Seoul, Korea
- Publication Type:ORIGINAL ARTICLE
- From:Health Policy and Management
2022;32(3):317-322
- CountryRepublic of Korea
- Language:English
-
Abstract:
Background:Limited access to medical services causes problems in patients’ health and life. Also, hospital closures cause concentration towards general hospitals, which leads to worsening National Health Insurance finance. Therefore, hospital closure is an important topic to be analyzed.
Methods:This paper analyzed the factors that affect hospital closures using survival analysis with the data of 970 hospitals opened between 2010 and 2019 in Korea. The number of medical personnel, hospital rooms, sickbeds, and medical departments were used as explanatory variables.
Results:The number of medical personnel and hospital rooms increased the survival probability while the number of sickbeds and medical departments decrease the survival probability.
Conclusion:The results suggest that hospitals have economies of scale and diseconomies of scope in management.