Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering

Background: Hospital, as the largest and most important health system unit, has the highest costs. Governments cannot finance all of the costs of this sector, so reforms are inevitable. In this regard, researchers have explained the underlying factors in financing policy and its commanding. Material...

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Main Authors: Iravan Masoudi Asl, Masoud Aboulhallaje, Meghdad Rahati
Format: Article
Language:fas
Published: Tehran University of Medical Sciences 2020-11-01
Series:بیمارستان
Subjects:
Online Access:http://jhosp.tums.ac.ir/article-1-6301-en.html
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author Iravan Masoudi Asl
Masoud Aboulhallaje
Meghdad Rahati
author_facet Iravan Masoudi Asl
Masoud Aboulhallaje
Meghdad Rahati
author_sort Iravan Masoudi Asl
collection DOAJ
description Background: Hospital, as the largest and most important health system unit, has the highest costs. Governments cannot finance all of the costs of this sector, so reforms are inevitable. In this regard, researchers have explained the underlying factors in financing policy and its commanding. Materials & Methods: This study is a descriptive study done by qualitatively and quantitatively method in 2019. The statistical population included experts from the health sector, the capital market, and the Social Security Organization. A purposive sampling method was used. Data collection tools were receipts and a semi-structured questionnaire for interviews. MAXQDA 11 software was used to analyze the interviews, and the Delphi technique was used for validation. Walt Gilson and Kingdon models were used for policy analysis and commanding.  Results: Underlying factors in policy-making and commanding the financing of hospitals from the capital market are macro-factors (governance and legal, political, social, and economic factors) and micro-factors (stewardship, financing, and technical factors). The financing problem stream of hospitals, the policy flow that includes public-private partnership models, and the political flow that began with sanctions open a window of opportunity to finance hospitals through the capital market.  Conclusion: Upstream documents and development plans allow the privatization of governmental organizations; therefore, in addition to government budgets and dedicated revenues, hospitals can use private-sector financing strategies. In the meantime, easy and inexpensive financing, transparency, and accountability are the capital market characteristics that introduce it as an appropriate strategy.
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spelling doaj.art-60dfafe4b36f449189244f92be5111092022-12-21T21:29:56ZfasTehran University of Medical Sciencesبیمارستان2008-19282228-74502020-11-011933044Hospital financing through the capital market; Explain the underlying factors in financing policy and its orderingIravan Masoudi Asl0Masoud Aboulhallaje1Meghdad Rahati2 Associate professor in health services management, Department of Health Services Management, School of Health Management and Information Sciences, Iran University of Medical Sciences, Tehran, Iran Associate professor in health services management, Ministry of Health and Medical Education, Tehran, Iran. Ph.D. in Health Services Management, Faculty of Management, South Tehran Branch, Islamic Azad University, Tehran, Iran.(*Corresponding Author) email: Mrahati90@yahoo.com Background: Hospital, as the largest and most important health system unit, has the highest costs. Governments cannot finance all of the costs of this sector, so reforms are inevitable. In this regard, researchers have explained the underlying factors in financing policy and its commanding. Materials & Methods: This study is a descriptive study done by qualitatively and quantitatively method in 2019. The statistical population included experts from the health sector, the capital market, and the Social Security Organization. A purposive sampling method was used. Data collection tools were receipts and a semi-structured questionnaire for interviews. MAXQDA 11 software was used to analyze the interviews, and the Delphi technique was used for validation. Walt Gilson and Kingdon models were used for policy analysis and commanding.  Results: Underlying factors in policy-making and commanding the financing of hospitals from the capital market are macro-factors (governance and legal, political, social, and economic factors) and micro-factors (stewardship, financing, and technical factors). The financing problem stream of hospitals, the policy flow that includes public-private partnership models, and the political flow that began with sanctions open a window of opportunity to finance hospitals through the capital market.  Conclusion: Upstream documents and development plans allow the privatization of governmental organizations; therefore, in addition to government budgets and dedicated revenues, hospitals can use private-sector financing strategies. In the meantime, easy and inexpensive financing, transparency, and accountability are the capital market characteristics that introduce it as an appropriate strategy.http://jhosp.tums.ac.ir/article-1-6301-en.htmlhospitalfinancingpolicy-making
spellingShingle Iravan Masoudi Asl
Masoud Aboulhallaje
Meghdad Rahati
Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
بیمارستان
hospital
financing
policy-making
title Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
title_full Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
title_fullStr Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
title_full_unstemmed Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
title_short Hospital financing through the capital market; Explain the underlying factors in financing policy and its ordering
title_sort hospital financing through the capital market explain the underlying factors in financing policy and its ordering
topic hospital
financing
policy-making
url http://jhosp.tums.ac.ir/article-1-6301-en.html
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AT meghdadrahati hospitalfinancingthroughthecapitalmarketexplaintheunderlyingfactorsinfinancingpolicyanditsordering