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Financial Condition Analisys of the Hospitals in Varna Region

Lyubomira Koeva-Dimitrowa () and Mincho Minev ()
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Lyubomira Koeva-Dimitrowa: Medical University Varna
Mincho Minev: Medical University Varna

Regional Economy and Sustainable Development, Conference Proceedings 2017, 2018, issue 1, 280-295

Abstract: The financial condition analysis aims to evaluate company’s ability to fund its economic activity at a certain time or for a certain period of time. It relates to numerous financial indicators which could be use to assess the ability of the company to pay its current liabilities and to achieve sustainable development. It is important that the health care managers continuously monitor, analyze and forecast the degree of financial stability of their hospitals. This enables timely implementation of various anti-crisis measures and procedures. In this paper we analyze the financial condition of all eighteen hospitals registered in Varna region by using the information in their Financial statements for the past three years (2014-2016).

Keywords: financial condition analysis; financial analysis of hospitals; financial analysis in healthcare. (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2018
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