Financial Performance Indicators in Lebanese Hospitals: A Sustainable Improvement Strategy

Hassan Alaaraj and Malak Aoun

Journal of Accounting and Finance in Emerging Economies, 2016, vol. 2, issue 2, 69-75

Abstract: Although the quality of healthcare services has been measured extensively&using different approaches however; the financial approach is considered&one of the most tangible indicators to evaluate the effectiveness of the&implied quality improvement strategies at the Lebanese hospitals. It is&essential to measure quality of performance especially when hospitals are&competing for accreditation and sustainability. Therefore, this paper&highlights the significant key performance indicators applied by the&Lebanese hospitals and mainly the financial performance indicators to&improve the healthcare financing in Lebanon. Such financial metrics are&found critical for hospitals to define and evaluate their performanceespecially in terms of insurance and financial coverage. This paper&demonstrates conceptually the current strategies for improving thehealthcare financing system in Lebanon yet, future studies are encouraged&to provide analytical elaborations for the financial status and relativeperformance indicators of the healthcare system in Lebanon.

Keywords: Key Performance Indicators; Finance; Hospitals; Quality; Lebanon (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:src:jafeec:v:2:y:2016:i:2:p:69-75

DOI: 10.26710/jafee.v2i2.103

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