Analysis of assets and liabilities of secondary public hospitals in Wuhan city
Ting Chen, Xia Li, Tiantian Hu, Xiao Fu, Qiaoli Xie, Pengqian Fang
Published 2016-07-02
Cite as Chin J Hosp Admin, 2016, 32(7): 503-506. DOI: 10.3760/cma.j.issn.1000-6672.2016.07.009
Abstract
ObjectiveTo analyze the assets and liabilities of secondary public hospitals of Wuhan city in Hubei province, in order to provide references to control the debt scale of such hospitals.
MethodsTwenty-one public secondary public hospitals of Wuhan city were analyzed using official statistics on their asset and liabilities from 2012-2014.
ResultsSuch a timeframe witnessed a year-on-year growth of both total assets and liabilities of these hospitals, yet the growth rate of total assets(35.15%) falls behind that of total liabilities(53.62%)significantly; significantly slower growth rate of non-current assets since 2013; higher current liabilities than long-term liabilities on yearly basis; year-on-year growth of liquidity rate and quick ratio in general; significant rise of debt-to-assets ratio.
ConclusionsThe overall debt scale of such hospitals keeps growing, a trend deserving actions and correction.
Key words:
Public hospitals; Assets and liabilities; Debt to assets ratio
Contributor Information
Ting Chen
School of Medicine and Health Management, Tongji Medical College, Huazhong University of Science and Technology, Wuhan 430030, China
Xia Li
Tiantian Hu
Xiao Fu
Qiaoli Xie
Pengqian Fang