Stress test of hospitals in Bulgaria - proposed methodology

Salchev, Petko and Hristov, Nikolai (2010): Stress test of hospitals in Bulgaria - proposed methodology.

Abstract

Stress tests of financial institutions are becoming more common in the midst of a global recession and unpredictable future economic growth. We believe that apart from banks, stress tests can be conducted on hospitals as well and will have their merit. The proposed methodology for risk assessment in hospitals is only one of many possible solutions and has already been tested on the field. We demonstrate the results from such testing. Consequently, we propose the introduction of routine stress testing in the hospital care sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: stress test, risk assessment, hospitals, Bulgaria
• Subjects: I - Health, Education, and Welfare > I1 - Health > I11 - Analysis of Health Care Markets; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty; C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C43 - Index Numbers and Aggregation; C - Mathematical and Quantitative Methods > C5 - Econometric Modeling; G - Financial Economics > G3 - Corporate Finance and Governance > G32 - Financing Policy ; Financial Risk and Risk Management ; Capital and Ownership Structure ; Value of Firms ; Goodwill; A - General Economics and Teaching > A1 - General Economics > A10 - General; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics > M20 - General

References

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