Financial Risk Assessment in Healthcare Organizations

dc.contributor.authorEroğlu, İlhan
dc.contributor.authorTürk, Murat
dc.date.accessioned2023-04-10T20:19:37Z
dc.date.available2023-04-10T20:19:37Z
dc.date.issued2021
dc.departmentRektörlük, Rektörlüğe Bağlı Birimler, Düzce Üniversitesi Dergilerien_US
dc.description.abstractAim: Risk assessment is one of the important processes of risk management. This study aimsto show how the financial risks encountered in hospitals are evaluated according to the riskmanagement approach.Material and Methods: We used risk assessment tables for identifying the financial activitiesof healthcare organizations, L-type decision matrix for risk assessment, and financial risk ratiomethods for enterprise performance indication. In compliance with the enterprise riskmanagement guidelines, we collected qualitative data through an interview with the riskmanager of a hospital and quantitative data was created and adapted by the authors.Results: According to the study sample, among the risks identified in the procurement process,the risk score of the risk 1 is 3, the risk score of the risk 3 is 4, and the risk score of risk number4 is 2 points, and was found to be acceptable. The risk score for risk 2 is 10 points and wasfound to be remarkable. The financial risk ratio of the hospital is 0.10.Conclusion: In the financial risk assessment, the risks in the hospital’s procurement activitieswere determined as occurrence of public loss (No. 1), failure to procure the need (No. 2) andlate procurement of the need (No. 4), which are all assessed as controllable risks. No. 4 isnoteworthy enough to be distinguished from the other risks. Calculated financial risk ratiosshowed there were no risks for corporate performance of the healthcare organization infulfilling the short-run obligations through its liquid assets.en_US
dc.identifier.doi10.18678/dtfd.862323
dc.identifier.endpage121en_US
dc.identifier.issn1307-671X
dc.identifier.issueS1en_US
dc.identifier.startpage113en_US
dc.identifier.trdizinid422377en_US
dc.identifier.urihttp://doi.org/10.18678/dtfd.862323
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/422377
dc.identifier.urihttps://hdl.handle.net/20.500.12684/11441
dc.identifier.volume23en_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.relation.ispartofDüzce Tıp Fakültesi Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.titleFinancial Risk Assessment in Healthcare Organizationsen_US
dc.typeArticleen_US

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