Enhancing Financial Resilience in Chinese Public Hospitals: The Role of Dynamic Capabilities
DOI:
https://doi.org/10.21834/e-bpj.v10i31.6536Keywords:
Financial Resilience, Cost Adjustment, Dynamic Capability Theory, Revenue DiversityAbstract
The resilience of the healthcare system directly affects the quality of public life. This study investigates how dynamic capabilities in the financial management of public hospitals, including revenue diversification, cost adjustment, budget flexibility, and financial informatization impact on the resilience of public hospitals in China. An online survey of 197 management and staff in a public hospital was conducted using a seven-point Likert scale, with data analyzed via SPSSAU and Smart-PLS. Findings reveal that revenue diversification and cost adjustment significantly enhance financial resilience. The finding of the study offers insights for policymakers to improve hospital resilience and contribute to existing literature on healthcare finance.
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