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Medicine and Health Sciences Commons

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Business

WCBT Faculty Publications

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Cost effectiveness

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Full-Text Articles in Medicine and Health Sciences

Aligning Capital Investment Decisions With The Balanced Scorecard, Andra Gumbus, Bridget Lyons, Dorothy E. Bellhouse Mar 2003

Aligning Capital Investment Decisions With The Balanced Scorecard, Andra Gumbus, Bridget Lyons, Dorothy E. Bellhouse

WCBT Faculty Publications

The Balanced Scorecard (BSC) has evolved from a measurement tool to a strategic management tool used by thousands of organizations. The Balanced Scorecard has proven to be a powerful tool in translating strategy into action in the for-profit sector and has recently been adopted by increasing numbers of not-for-profit organizations as well.

University of Bridgeport Hospital, part of the Yale-New Haven Health System, has been using the BSC for over three years to effectively translate strategy into dayto-day operations. The hospital has also linked the capital budgeting process to the BSC to ensure that resource allocation is aligned with strategic …


An Empirical Study Of Economies Of Scope In Home Healthcare, Theresa I. Gonzales Aug 1997

An Empirical Study Of Economies Of Scope In Home Healthcare, Theresa I. Gonzales

WCBT Faculty Publications

Objective: To apply the economic theory of economies of scope to the home healthcare industry. Data Sources: Data on 488 observations obtained from the Cost Report (HCFA Form 1728-86) of all Connecticut state-licensed, Medicare-certified home health agencies. Study Design: The Cost Report was the primary source of data for this study. Information on total cost, scope, and other related factors was collected. Logarithmic and nonlinear regression analyses were used to identify factors related to scope and also to test for economies of scope. Data Collection Method: Data collected were both cross-sectional and time series (from 1988-1992). Data accuracy was verified …