Title
Measuring Organizational Performance In The Hospital Industry: An Exploratory Comparison Of Objective And Subjective Methods
Abstract
One of the major challenges facing health services management researchers is the measurement of various aspects of organizational performance. This challenge is exacerbated by a reluctance of many healthcare organizations to share data with researchers because of a fear of competitor access to these data. Even where objective, reliable and valid measures of organizational performance are available, typically they are available only in aggregate form, rather than for individual organizations. In response to these constraints, researchers have used subjective measures of performance often based on the perception of key executives. This research compares the subjective perceptions of hospital executives to the objective financial performance data of 60 hospitals. While the correlations between the subjective and objective measures vary, return of assets (ROA) and operating margin are the most valid subjective financial measures of hospital performance. Implications for future research are discussed.
Publication Date
1-1-2001
Publication Title
Health Services Management Research
Volume
14
Issue
4
Number of Pages
211-219
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1177/095148480101400401
Copyright Status
Unknown
Socpus ID
0034760873 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/0034760873
STARS Citation
McCracken, Melody Je; McIlwain, Thomas F.; and Fottler, Myron D., "Measuring Organizational Performance In The Hospital Industry: An Exploratory Comparison Of Objective And Subjective Methods" (2001). Scopus Export 2000s. 606.
https://stars.library.ucf.edu/scopus2000/606