Financial analysis of the Hospital České Budějovice, a. s

The ba thesis "Financial Analysis of the Hospital České Budějovice, a. s." is focused on the economic performance of the hospital during the years 2007-2011 and a comparison with an average Czech hospital. The introduction contains a discussion of financial analysis matters and the reasons for the choice of this topic. It presents the goals of the financial analysis and methods of achieving these goals, and proposes an assumption for this analysis. The theoretical part introduces the subject of the analysis, the healthcare situation in the Czech Republic and the means of hospital financing. Moreover, it focuses on the legal form of transformation of the hospital from a state-funded institution to a join-stock company and the related financing changes. Subsequently this part deals with methods of the financial analysis and mentions both the well-known and the lesser known ratios and indicators used mostly in the public sector. The comparison of the healthcare indicators with an average in the Czech Republic also represents an integral component. In the practical part the specific findings of the analysis are evaluated, considering the hospital's role and goals and its possibilities, which are different from other join-stock companies. In conclusion, the thesis provides an overall evaluation of the hospital's economics, confirms or refutes the assumption and recommends other steps leading to improving.