DC FieldValueLanguage
dc.contributor.authorSaiti, Anna-
dc.contributor.authorChletsos, Michael-
dc.date.accessioned2024-05-15T07:14:05Z-
dc.date.available2024-05-15T07:14:05Z-
dc.date.issued2019-
dc.identifiergoogle_scholar-p6hOtZMAAAAJ:blknAaTinKkC-
dc.identifier.isbn978-3-030-35369-8-
dc.identifier.otherp6hOtZMAAAAJ:blknAaTinKkC-
dc.identifier.urihttps://uniwacris.uniwa.gr/handle/3000/2370-
dc.description.abstractA hospital is a supplier of healthcare services and is therefore an economic unit. It uses factors of production to produce healthcare services. The typical microeconomic theory on production and cost is also applied in the case of healthcare service production. In a short-term period, the production of healthcare services is determined by the size of the variable input (medical and nonmedical staff) since the technology is constant. The hospital aims to produce to the point at which the average product is at a maximum level and the average cost is at its lowest. In the long term, the output produced depends on the optimal combination between personnel and technological equipment since both are variable production factors. Each hospital determines its output based on the profit maximization rule, which implies that marginal revenue is equal to marginal cost. This chapter: Analyzes short and long-term production theory Examines the short and long-term cost and presents techniques with which a hospital can make rational decisions based on economic evaluations Presents the different market structures and provides useful information on how hospitals may determine their optimal pricing level.en_US
dc.language.isoenen_US
dc.publisherSpringer International Publishingen_US
dc.relation.ispartofStrategic Management and Economics in Health Careen_US
dc.sourceStrategic Management and Economics in Health Care, 179-205, 2019-
dc.titleHospitals as suppliers of healthcare servicesen_US
dc.typeBook Chapteren_US
dc.identifier.doi10.1007/978-3-030-35370-4_9en_US
dc.relation.deptDepartment of Early Childhood Education and Careen_US
dc.relation.facultySchool of Administrative, Economics and Social Sciencesen_US
dc.identifier.spage179en_US
dc.identifier.epage205en_US
dc.collaborationUniversity of West Attica (UNIWA)en_US
dc.journalsSubscriptionen_US
dc.publicationPeer Revieweden_US
dc.countryGreeceen_US
local.metadatastatusverifieden_US
item.cerifentitytypePublications-
item.languageiso639-1en-
item.openairetypeBook Chapter-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.fulltextNo Fulltext-
item.grantfulltextnone-
crisitem.author.deptDepartment of Early Childhood Education and Care-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.orcid0000-0002-3882-9565-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
Appears in Collections:Book Chapter / Κεφάλαιο Βιβλίου
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