The Romanian Healthcare Institutions – Managing Budget Limitations and Liquidity Issues

Cristina Duhnea and Silvia Ghi?ã-Mitrescu ()
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Silvia Ghi?ã-Mitrescu: Ovidius University of Constanta

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 1, 634-640

Abstract: The paper aims to determine if the public healthcare institutions in Romania (particularly in Constanta County) manage the budget limitations in terms of the level of incomes and expenditures, and if these institutions manage to insure the proper level of liquidity in order to satisfy the entity’s creditors for exigible debts. In order to achieve these objectives, we calculated and analyzed the three indicators of liquidity (working capital - required working capital - net treasury) and in order to identify the degree to which the entity can cope with its short-term debts we used a system of liquidity rates. The findings of the research show heterogeneity in the management of the healthcare institutions and different situations in terms of achieving financial equilibrium.

Keywords: healthcare institution; liquidity; working capital; financial equilibrium (search for similar items in EconPapers)
JEL-codes: G00 I18 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvi:y:2016:i:1:p:634-640

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