Pricing objectives in nonprofit hospitals.
This article reports on a survey of 60 financial managers of nonprofit hospitals in the eastern United States relating to the importance of a number of factors which influence their pricing decisions and the pricing objectives which they pursue. Among the results uncovered by the responses: that trustees are the single most important body in the price-setting process (doctors play a relatively unimportant role); that hospital pricing goals are more related to target net revenue than profit maximizing; and that regional factors seem to play an important role in management differences.
D004469:Economics, Hospital; D005249:Fees and Charges; D005376:Financial Management; D005377:Financial Management, Hospital; D006075:Governing Board; D006740:Hospital Administrators; D006788:Hospitals, Voluntary / Q000191:economics*; D006801:Humans; D009937:Organizational Objectives / Q000191:economics; D011795:Surveys and Questionnaires; D014481:United States