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Default Probability of the Medical Imaging Service Providers in Hungary

Gábor Dávid Kiss orcid id orcid.org/0000-0003-0373-9970 ; Faculty of Economics and Business Administration, University of Szeged, Szeged, Hungary


Puni tekst: engleski pdf 365 Kb

str. 115-128

preuzimanja: 245

citiraj


Sažetak

Medical imaging, providing Magnetic Resonance Imaging (MRI) services have a special, oligopolistic market in Hungary. A majority of the MRI machines are operated by private contractors in a Public Private Partnership form in major healthcare centres with defined machine-hours for public healthcare services while they can sell their remaining capacities on the market as well. Current paper analyses the default probability of this firms via Ohlson-O and Altman-Z’ ratios, based on their annual financial report data. Then, default ratios are compared to market segment- and macro-specific variables trough panel regression analysis to identify the key factors of this technology-intense sector. Finally, results are compared to public default-rate databases.

Ključne riječi

MRI; bankruptcy ratio; Altman-Z’; Ohlson-O

Hrčak ID:

216260

URI

https://hrcak.srce.hr/216260

Datum izdavanja:

31.12.2018.

Posjeta: 715 *