Do Catalan private hospitals enjoy financial health?

Judit Creixans Tenas, Nuria Arimany-Serrat


Purpose: The present study reflects the economic and financial analysis of  private hospitals with non-charitable character in Catalonia 2008-2013. The private health sector is considered to be a service activity that develops an important social role. The study positions these analysed centers in the Catalan and Spanish health sector and presents the main economic and financial indicators to diagnose the situation of these companies during the period indicated by analysing short and long-term results and analysis of changes in equity and cash flows of the wineries.

Design/methodology/approach: The data used comes from the statements of the Catalan hospital centers in the period 2008-2013 and in particular, it contains a sample of 94 Catalan private hospitals, that mostly are considered large-level accounting (according to the General Accounting Plan). The economic and financial  analysis has carried out using descriptive statistics and analysis results and conclusions have been reached.

Findings: The study noted that enables private hospitals in this period have a healthy economic and financial status, although it should improve the management of assets. Most sales are concentrated with a small number of hospitals and, regarding the evolution of the results, produces two distinct stages, the first period of decrease (2008-2010) and the second period of growth and recovery from 2011..

Research limitations/implications: It would be desirable to perform the same study by the Spanish private hospitals in order to compare the economic and financial analysis of the Catalan private sector with the Spanish private sector.

Practical implications: It allows us to assess the projection of this sector in recent years in Catalonia in order to take the appropriate economic decisions in this regard.

Social implications: The results show the changes that have occurred over the years in the economic crisis of the period analysed.

Originality / value: For hospitals give relevant economic information and financial health of these Catalan private hospitals in this difficult period with instructions help meet the challenges of the future.


financial analysis, short term financial analysis, economic analysis, analysis of the statement of changes in equity analysis of the state of cash flows

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Licencia de Creative Commons 

This work is licensed under a Creative Commons Attribution 4.0 International License

Intangible Capital, 2004-2020

Online ISSN: 1697-9818; Print ISSN: 2014-3214; DL: B-33375-2004

Publisher: OmniaScience