Xinjiang's Public Hospitals Operating Liabilities Of The Financial Risk Assessment Research

Objective: This study was to investigate and understand the status quo of public hospitals operating liabilities in the Xinjiang region, assess the financial risk of public hospitals operating liabilities in Xinjiang region, monitor dynamic hospital liabilities and promptly grasp the ability to repay the hospital, analyse the influencing factors of public hospital assets liabilities rate from the perspective of the quantitative, in order to establish scientific operating liabilities hospital risk assessment model, find out the reasonable scope of public hospitals assets liabilities rate for Xinjiang region, guide the public hospitals to operate reasonable in debt,do well financial management, control financial risk and costs of per capita effectively, grasp promptly the hospital of the ability to repay, make hospital administrators to finance and invest decision-making correctly, thereby easing of your doctor social problems. And the Xinjiang region in public hospitals and the future development of the operating economics basis for the government macro supervision, monitoring operation of the capital market Hospital, the hospital evaluation of the reasonableness of the financing, necessity and feasibility of reference standards.Methods: A retrospective survey research methods, in accordance with the level of economic development in Xinjiang, the health resource allocation, and so on, select 14 hospitals, and the collection of the 2004～2006 financial statements data. Operating on the liabilities do a comparative analysis of the use of multiple statistical principal component analysis, fuzzy comprehensive evaluation of its comprehensive assessment of the solvency of the hospital. As modeling needs, but it also collected 18 public hospitals(a total of 32 public hospitals)2006 financial statements data, the assets and liabilities of public hospitals factors affecting the rate of screening, the establishment of econometric models, empirical analysis to a Hospital as an example, the rate of assets and liabilities are given control.Results: 14 public hospitals from the information, select the 14 hospitals operating performance, asset structure, solvency, development capacity four latitude 12 financial indicators of comparative analysis and evaluation, the hospital each year in business revenue growth, increase input At the same time the cost of a profit decline compared with the previous year showed a rising trend, there is a risk of insolvency. Xinjiang from 2004 to 2006 the rate of public hospitals of assets and liabilities for the average level of about 28.86 percent, its current ratio around 1.30, Quick ratio: around 1.00. Third-level class hospital of assets and liabilities was higher than that Second-level class hospital, showed an upward trend. Quick ratio and Current ratio are less than Second-level class hospital. Compared with the national part of the city Xinjiang of assets liabilities ratio was higher than that of Beijing, Guangdong, Zhejiang, respectively 19.18%, 20.38%, 23.65%. Lower than Shanxi, and Gansu. Current ratio, Quick ratio the lowest compared with other provinces and cities. City hospital assets and liabilities rate is below the county hospital.Principal component analysis of the comprehensive evaluation sort of solvent, solvent higher than the average level(F=0.883)Hospital 7. Solvency of the hospital for more H1, H11, H6 Hospital. Sor strong solvency to the hospital after H1 fuzzy comprehensive evaluation of its strong solvency.By analyzing and screening, the establishment of econometric model: Y(Debt ratio)=16.027+0.260 X1(long-term debt rate)-0.035 X2(operating income / current liabilities)+0.257 X3(Return on Equity);Conclusion: 14 hospitals, the average asset liability ratio of basic fair, close to the national average, current ratio, Quick ratio low, short-term solvency worse, the Third-level class hospitals of assets and liabilities was higher than that of Second-level class hospitals, lower than the national, the average level of the whole. Show that the total assets of Third-level class hospitals and in expanding the scale of operation. Xinjiang and some cities and the city and county hospitals comparative analysis of the rate of assets and liabilities that: the economically developed low rates of assets and liabilities, economic underdeveloped areas of high debt ratio. Principal component analysis and fuzzy comprehensive evaluation of the hospital solvency of the comprehensive evaluation and the actual match. The rate of assets and liabilities and "long-term debt rate, operating income/current liabilities" and " Return on Equity " three variables related. Empirical analysis of assets and liabilities model can predict the rate of control.