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It is crucial for health administrators and planners to identify these factors and to further maximize their effect on cost efficiency in order for their programmes to succeed.
The objective of this paper is to find out if engaging an insurance intermediary has any effect on cost efficiency of the insurance scheme.
The composition of capital has a positive effect on cost efficiency; however, a higher ratio between practice rooms to beds implies a higher occupancy rate of beds and a lower average stay of patients, both which could be affecting cost efficiency in a positive way.
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Although quality management theory suggests that certified firms should benefit by reducing mistakes and enhancing efficiency through process standardizations and improvements, our empirical results indicate that their positive effect on cost-efficiency could decrease for late adopters in China.
Mergers have an inconclusive effect on cost-efficiency [ 2, 65, 66].
A study of Norwegian hospital mergers demonstrated that a single administrative merger can have a significant negative effect on a hospital's cost-efficiency, whereas more profound mergers that involve a reduction in acute care, may have a positive effect on cost-efficiency [ 2].
Since our primarily goal is to get improved estimates of the effects of environmental factors on cost efficiency, we opt to apply to algorithm 1.
The effects on cost-efficiency can be seen in Figures 8, 9 and 10.
Specifically, we apply bootstrapping techniques to identify the effect (if any) of environmental factors on the cost efficiency scores.
The objective of a cost-efficiency profiling system is to encourage cost-inefficient healthcare providers to change their practice patterns by providing feedback on their cost efficiency.
The results show that ammonia mass fraction variation has the most effect on exergy efficiency, solar fraction and levelized cost of electricity.
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CEO of Professional Science Editing for Scientists @ prosciediting.com