Cited by 24Accounting and Organizational ManagementHealthcare Quality and ManagementHealth Services Management and Policy

The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.

Evaluating Performance of Vietnamese Public Hospitals Based on Balanced Scorecard

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School of Accounting and Auditing, The National Economics University, PHAM, Cuong Duc, VU, Sen Thi, PHAM, Yen Thi Kim, VU, Nam Thi·2020·The Journal of Asian Finance, Economics and Business

Abstract

The study evaluates the performance of public hospitals in Vietnam by applying the Balanced Scorecard (BSC). The authors first review the literature to find the research gap of performance in public hospitals. Then, we built Likert questionnaires to collect data from more than 200 managers of public hospitals in the Northwestern provinces of Vietnam. The research uses correlation regression to evaluate the performance based on the influence of factors in the BSC model, including Strategic planning, Internal process, Finance, Mission, Customer, and Employee learning and growth. The results show that the performance of public hospitals in the research sample is influenced by the factors in the BSC model in descending order based on the regression coefficient as follows: Internal process, Finance, Mission, Strategic planning, Customer, Employee learning and growth. Based on the quantitative research findings, we continue by conducting some deep interviews with specialty to propose intensive recommendations about how to implement Mission, Internal process, Financial policies, etc. to managers in public hospitals with an aim to improve the performance of public hospitals in the Northwestern mountainous region of Vietnam. The lessons could be applied for other public hospitals in Vietnam and other jurisdictions that have similar conditions.

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Crossref · 10.13106/jafeb.2020.vol7.no6.339

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Citations

Cites

Research works printed but not linked: 10

  1. Blackmon, V. Y. (2008). Strategic planning and organizational performance: an investigation using the balanced scorecard in non-profit organizations. PhD. Thesis, Capella University, United States.
  2. Franklin, P. W. (2011). Relationship between Strategic Planning and Non-profit Organizational Performance, PhD Dissertation, Capella University, United States.
  3. Ghoneim, N., & Baradei, L. E. (2013), The Impact of Strategic Planning on Egyptian Non-profits’ Performance: An Assessment Using the Balanced Scorecard, Journal of US-China Public Administration, 10, 57-76.
  4. Kaplan, R.S., & Norton D.P. (1992), The Balanced Scorecard: measures that drive performance, Harvard Business Review, January–February 1992 Issue
  5. Mintzberg, H. (1994). The rise and fall of strategic planning, Harvard Business Review, January-February 1994.
  6. Moullin, M. (2002). Delivering Excellence in Health and Social Care. London: Open University Press.
  7. Sharabati, A. A., & Fugaha, S. J. (2014). The Impact of Strategic Management on the Jordanian Pharmaceutical Manufacturing Organizations’ Business Performance, International Review of Management and Business Research, 3(2), 668-687.
  8. Tran, V. T. (2017). Application of BSC in assessing performance of listing companies, Financial Review, 9.
  9. Weerasooriya, R. B., Khatibi, A., & Alwis, A. D. (2014). The impact of strategic planning for training and educational non-government organizations in Srilanka: An evaluation using the Balanced Scorecard, International Journal of Management Sciences and Business Research, 3(7), 48-62.
  10. Zelman, W.N., Pink, G.H., & Matthias, C.B. (2003). Use of the Balanced scorecard in healthcare, Journal of Health Care Finance, 29(4), 1-16.

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Metadata

Authors
School of Accounting and Auditing, T. N. E. U., PHAM, C. D., VU, S. T., PHAM, Y. T. K., & VU, N. T.
Affiliations
  • National Economics University (VN)
  • Vinh University (VN)
  • Thuyloi University (VN)
Venue
The Journal of Asian Finance, Economics and Business
Published
2020-06-30
Volume
7
Issue
6
Pages
339-349
ISSN
  • 2288-4637 (ISSN-L)
  • 2288-4645
OpenAlex
W3037983246
Cited by
24
References
17
Citations by year
2026: 1 · 2025: 3 · 2024: 3 · 2023: 7 · 2022: 5 · 2021: 3 · 2020: 2
FWCI
4.83
Type
journal article
Language
en
Open access
Locations
Journal of Asian Finance Economics and Business (publishedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Accounting › Accounting and Organizational Management
  • Health Sciences › Medicine › Public Health, Environmental and Occupational Health › Healthcare Quality and Management
  • Health Sciences › Health Professions › General Health Professions › Health Services Management and Policy
Keywords
public hospitals, hospital performance evaluation, balanced scorecard, strategic planning, internal processes, financial performance, customer perspective, learning and growth, hospital management, northwestern Vietnam

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