COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System
This research analyzes the influence of COVID-19 and public health spending policies on the economic sustainability of Spanish private hospitals. Moreover, it explores the relationship between public health spending policies and the spread of COVID-19 in Spain. Private health care is an understudied...
| Main Authors: | , , , |
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| Format: | info:eu-repo/semantics/article |
| Language: | English |
| Published: |
MDPI
2023
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10835/14163 |
| _version_ | 1789406402147516416 |
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| author | Valls Martínez, María Del Carmen Santos-Jaén, José Manuel Valls-Úbeda, Rafael Félix Soriano Román, Rafael |
| author_facet | Valls Martínez, María Del Carmen Santos-Jaén, José Manuel Valls-Úbeda, Rafael Félix Soriano Román, Rafael |
| author_sort | Valls Martínez, María Del Carmen |
| collection | DSpace |
| description | This research analyzes the influence of COVID-19 and public health spending policies on the economic sustainability of Spanish private hospitals. Moreover, it explores the relationship between public health spending policies and the spread of COVID-19 in Spain. Private health care is an understudied sector, yet it is fundamental to the health of citizens. Moreover, the economic causes linked to the spread of the pandemic have not yet been clearly established. Therefore, this work covers a gap in the literature. Private hospital profitability was analyzed by applying ordinary least squares and panel data regressions on financial and macroeconomic data for the period 2017–2020. The spread of COVID-19 was examined by means of cluster and component analysis. The results show that the COVID-19 pandemic negatively affected the economic sustainability of Spanish private hospitals, which was also influenced by public health spending. In turn, the spread of the pandemic was mainly related to population density, but was also influenced by public health spending and the gross domestic product of the region. Therefore, policymakers must consider that it is essential to make adequate investments in the healthcare system to cope with pandemics such as COVID-19. In addition, managers can see how corporate social responsibility is a valuable strategy for maintaining hospital profitability. |
| format | info:eu-repo/semantics/article |
| id | oai:repositorio.ual.es:10835-14163 |
| institution | Universidad de Cuenca |
| language | English |
| publishDate | 2023 |
| publisher | MDPI |
| record_format | dspace |
| spelling | oai:repositorio.ual.es:10835-141632023-04-12T19:06:04Z COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System Valls Martínez, María Del Carmen Santos-Jaén, José Manuel Valls-Úbeda, Rafael Félix Soriano Román, Rafael COVID-19 public health spending economic sustainability private healthcare system profitability corporate social responsibility This research analyzes the influence of COVID-19 and public health spending policies on the economic sustainability of Spanish private hospitals. Moreover, it explores the relationship between public health spending policies and the spread of COVID-19 in Spain. Private health care is an understudied sector, yet it is fundamental to the health of citizens. Moreover, the economic causes linked to the spread of the pandemic have not yet been clearly established. Therefore, this work covers a gap in the literature. Private hospital profitability was analyzed by applying ordinary least squares and panel data regressions on financial and macroeconomic data for the period 2017–2020. The spread of COVID-19 was examined by means of cluster and component analysis. The results show that the COVID-19 pandemic negatively affected the economic sustainability of Spanish private hospitals, which was also influenced by public health spending. In turn, the spread of the pandemic was mainly related to population density, but was also influenced by public health spending and the gross domestic product of the region. Therefore, policymakers must consider that it is essential to make adequate investments in the healthcare system to cope with pandemics such as COVID-19. In addition, managers can see how corporate social responsibility is a valuable strategy for maintaining hospital profitability. 2023-01-25T18:01:49Z 2023-01-25T18:01:49Z 2023-01-15 info:eu-repo/semantics/article 1660-4601 http://hdl.handle.net/10835/14163 10.3390/ijerph20021585 en https://www.mdpi.com/1660-4601/20/2/1585 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess MDPI |
| spellingShingle | COVID-19 public health spending economic sustainability private healthcare system profitability corporate social responsibility Valls Martínez, María Del Carmen Santos-Jaén, José Manuel Valls-Úbeda, Rafael Félix Soriano Román, Rafael COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title | COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title_full | COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title_fullStr | COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title_full_unstemmed | COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title_short | COVID-19 and Public Health Spending; Effects on the Economic Sustainability of the Spanish Private Healthcare System |
| title_sort | covid-19 and public health spending; effects on the economic sustainability of the spanish private healthcare system |
| topic | COVID-19 public health spending economic sustainability private healthcare system profitability corporate social responsibility |
| url | http://hdl.handle.net/10835/14163 |
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