Healthcare service quality plays an important role in today’s competitive environment. The people are very concern on their health status nowadays and willing to seek an affordable treatment from the healthcare companies. Besides affordable treatment, the people are also particular on the healthcare efficiency as the quality of the services and companies performance aresignificantly determined by the company’s efficiency. Data Envelopment Analysis (DEA) is a mathematical linear programming model which is utilized for measuring the efficiency of the companies as the ratio of the sum-weighted outputs to sum-weighted inputs. The objective of this study is to evaluate and compare the efficiency of the healthcare companies in Malaysia withDEA model. In this study, the data consists of 12healthcare companies that are listed in Malaysia stock market. The period of study is from year 2011 until 2015. The results of this study show thatAHEALTH, HAIO, IHH, PHARMA and YSPSAH are ranked as efficient healthcare companies. This study is significant because the DEA model helps to identify the efficient healthcare companies based on multiple inputs and outputs.
| Published in | Biomedical Statistics and Informatics (Volume 1, Issue 1) |
| DOI | 10.11648/j.bsi.20160101.13 |
| Page(s) | 19-23 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2017. Published by Science Publishing Group |
Healthcare Company, Data Envelopment Analysis, Efficiency, Linear Programming Model
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APA Style
Lam Weng Siew, Liew Kah Fai, Lam Weng Hoe. (2017). An Empirical Investigation on the Efficiency of Healthcare Companies with Data Envelopment Analysis Model. Biomedical Statistics and Informatics, 1(1), 19-23. https://doi.org/10.11648/j.bsi.20160101.13
ACS Style
Lam Weng Siew; Liew Kah Fai; Lam Weng Hoe. An Empirical Investigation on the Efficiency of Healthcare Companies with Data Envelopment Analysis Model. Biomed. Stat. Inform. 2017, 1(1), 19-23. doi: 10.11648/j.bsi.20160101.13
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Download@article{10.11648/j.bsi.20160101.13,
author = {Lam Weng Siew and Liew Kah Fai and Lam Weng Hoe},
title = {An Empirical Investigation on the Efficiency of Healthcare Companies with Data Envelopment Analysis Model},
journal = {Biomedical Statistics and Informatics},
volume = {1},
number = {1},
pages = {19-23},
doi = {10.11648/j.bsi.20160101.13},
url = {https://doi.org/10.11648/j.bsi.20160101.13},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.bsi.20160101.13},
abstract = {Healthcare service quality plays an important role in today’s competitive environment. The people are very concern on their health status nowadays and willing to seek an affordable treatment from the healthcare companies. Besides affordable treatment, the people are also particular on the healthcare efficiency as the quality of the services and companies performance aresignificantly determined by the company’s efficiency. Data Envelopment Analysis (DEA) is a mathematical linear programming model which is utilized for measuring the efficiency of the companies as the ratio of the sum-weighted outputs to sum-weighted inputs. The objective of this study is to evaluate and compare the efficiency of the healthcare companies in Malaysia withDEA model. In this study, the data consists of 12healthcare companies that are listed in Malaysia stock market. The period of study is from year 2011 until 2015. The results of this study show thatAHEALTH, HAIO, IHH, PHARMA and YSPSAH are ranked as efficient healthcare companies. This study is significant because the DEA model helps to identify the efficient healthcare companies based on multiple inputs and outputs.},
year = {2017}
}
TY - JOUR T1 - An Empirical Investigation on the Efficiency of Healthcare Companies with Data Envelopment Analysis Model AU - Lam Weng Siew AU - Liew Kah Fai AU - Lam Weng Hoe Y1 - 2017/01/07 PY - 2017 N1 - https://doi.org/10.11648/j.bsi.20160101.13 DO - 10.11648/j.bsi.20160101.13 T2 - Biomedical Statistics and Informatics JF - Biomedical Statistics and Informatics JO - Biomedical Statistics and Informatics SP - 19 EP - 23 PB - Science Publishing Group SN - 2578-8728 UR - https://doi.org/10.11648/j.bsi.20160101.13 AB - Healthcare service quality plays an important role in today’s competitive environment. The people are very concern on their health status nowadays and willing to seek an affordable treatment from the healthcare companies. Besides affordable treatment, the people are also particular on the healthcare efficiency as the quality of the services and companies performance aresignificantly determined by the company’s efficiency. Data Envelopment Analysis (DEA) is a mathematical linear programming model which is utilized for measuring the efficiency of the companies as the ratio of the sum-weighted outputs to sum-weighted inputs. The objective of this study is to evaluate and compare the efficiency of the healthcare companies in Malaysia withDEA model. In this study, the data consists of 12healthcare companies that are listed in Malaysia stock market. The period of study is from year 2011 until 2015. The results of this study show thatAHEALTH, HAIO, IHH, PHARMA and YSPSAH are ranked as efficient healthcare companies. This study is significant because the DEA model helps to identify the efficient healthcare companies based on multiple inputs and outputs. VL - 1 IS - 1 ER -
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