Applying Data Envelopment Analysis to Evaluate Financial Leasing Performance of Medical Device Industry in China

Autori:

Yang LIU, Wenyuan LYU

Cod: ISSN: 1583-3410 (print), ISSN: 1584-5397 (electronic)
Dimensiuni: pp. 304-314

How to cite this article:

Liu, Y., Lyu, W. (2018). Applying Data Envelopment Analysis to Evaluate Financial Leasing Performance of Medical Device Industry in China. Revista de Cercetare si Interventie Sociala, 63, 304-314.

Abstract:

When domestic medical care institutes are increasing and the government enhances the input, medical care institutes need to update and purchase new medical devices to enhance the medical service quality and level. High-end medical devices require a large amount of capital input. High purchase expenses for medical devices do not simply increase a hospital’s economic pressure, but would result in expensive costs for patients seeing doctors. How to reduce purchase costs for medical devices becomes a dilemma for medical care institutes. Delphi Method is utilized in this study to make the evaluation indicators of fi nancial leasing performance of medical device industry in China. Based on the data of medical device industry announced in Shanghai, 12 medical device enterprises are sampled as the research objects in this study. Data Envelopment Analysis is further used for calculating individual relative indicator. With linear planning and according to the effi ciency frontier constructed with actual observed value, the diff erence between individual observed value and effi ciency boundary is regarded as the relative ineffi ciency to measure each organization’s effi ciency. The research results show: (1) the best overall effi ciency (1.00) of A Medical Instrument Co., Ltd., followed by L Medical Co., Ltd.0.98), and K Instrument Co., Ltd. the worst (0.70); (2) Malmquist is applied to analyze the effi ciency to understand the effi ciency change between two phases. Aiming at the fi nancial leasing performance of medical device industry, the fi nancial leasing is analyzed to provide directional thinking and reference for medical device industry.