Health Organization Management Department of the Higher Institute of Medical Techniques of Kisangani, DR Congo.
Research Article
World Journal of Advanced Research and Reviews, 2024, 22(01), 971-981
Received on 23 February 2024; revised on 09 April 2024; accepted on 11 April 2024
Introduction: For a hospital, self-financing is ensured by its own revenues produced by the sale of medicines, printed materials and medical services, that is to say the services offered to patients. The study specifically aimed to determine the evolution of own revenues generated by the Kabondo General Reference Hospital from 2020 to 2022, and to analyze how the planned own revenues are achieved during the study period.
Methodology: We have opted for the inductive method, which starts from particular facts to global facts. Its starting point is the observation and experimentation of facts; Documentary analysis allowed us to collect the data. Expected revenues (forecasts) constitute the independent variable, also called endogenous variable (X), while realized revenues constitute the dependent or exogenous variable (Y). Finally, we looked for the linear correlation coefficient in order to establish the relationship between the forecasts and the achievements of own revenues.
Results: The forecast revenue statements recorded a total amount of US$452,719.00 and the hospital had generated its own revenue of around US$478,056.40. The overall gap between realized revenue and forecast revenue was positive, i.e. US$25,337.40. The correlation coefficient between forecasts and actual revenues was -0.75. The GRH/Kabondo was probably performing well for the simple reason that the revenues generated evolved in saw tooth patterns, thus generating a positive difference with a fatal free fall during the 2022 financial year, ultimately causing a total lack of correlation between the forecasts and the achievements of GRH/Kabondo's own revenues from 2020 to 2022.
Conclusion: The self-financing policy is encouraged in the sense that it makes the hospital autonomous from the outside and allows the organization to enjoy all its profits; therefore, to decide its allocation with complete freedom.
Analysis; Forecast; Own revenue; Achievement; Self-financing
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Obed Kasereka Kaniki, Gabriel Omari Asaka, Désiré Isetcha Tawiti and Raymond Assani Ramazani. Analysis of forecast statements of own revenues and their achievement: Case of the general reference hospital of Kabondo from 2020 to 2022. World Journal of Advanced Research and Reviews, 2024, 22(1), 971-981. Article DOI: https://doi.org/10.30574/wjarr.2024.22.1.1048