Research Trends Review of Financial Performance in Hospitals
10.11111/jkana.2023.29.1.76
- Author:
Wonjung NOH
1
;
Ji Young LIM
;
Gyeong Ae SEOMUN
;
Miyoung KIM
;
Soyoung YU
;
Yoomi JUNG
;
Youngjin LEE
Author Information
1. Associate Professor, College of Nursing, Gachon University
- Publication Type:ORIGINAL ARTICLE
- From:Journal of Korean Academy of Nursing Administration
2023;29(1):76-87
- CountryRepublic of Korea
- Language:English
-
Abstract:
Purpose:This study aims to analyze the financial performance research trends in medical institutions and to suggest the necessity and future research direction for financial management from the perspective of nursing organizations.
Methods:Financial performance research in medical institutions was extracted by combining the keywords ‘finance’, ‘nursing’, ‘medical’, and ‘hospital’ in three domestic and foreign online databases. 55 studies were finally extracted.
Results:Of the 55 studies selected, 41.8% have been published after 2010, and 79.6% have been published in Korea. 83.6% of the studies used financial statements, and 74.5% used the financial ratio. Among the studies on the use of financial statements, 40 balance sheets and 41 profit and loss statements were used.
Conclusion:There were some limitations in deriving implications for financial performance management at the level of nursing organization. When establishing strategies for future financial performance improvement, it is recommended to prioritize nursing cost optimization and profitability enhancement at the nursing organization level.
