Abstract
Background: Financial performance of National University Hospitals influences the overall financial performance of National University Corporations (NUCs). This study aims to compare financial performance measures of Toyama University Hospital (TUH) with those of other NUC hospitals.
Methods: Financial performance measures for the fiscal year 2006 of all NUC hospitals were calculated using segment information of financial statements. Financial performance measures of TUH were compared with those of other NUC hospitals.
Results: TUH had better financial performance for operating grant/ordinary income as a stability measure, self−income/ordinary income, and self-income/total assets as profitability measures than other NUC Hospitals. TUH had an intermediate value for research expense/ordinary expense as an activity measure among NUC hospitals. TUH had lower efficiency measures including personnel expense/ordinary expense, general administration expense/ordinary expense, and operating expense/ordinary expense. In addition, education expense/ordinary expense as an activity measure and external funds/ordinary income as a growth potential measure were also lower in TUH than in other NUC hospitals.
Conclusions: These results suggest that TUH had better financial performance for stability and profitability but lower financial performance for efficiency, activity and growth potential. Changes in financial performance measures should also be considered in building future financial strategy.
