Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis

Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis A Simulation (Classic Reprint)

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Publisher's Synopsis

Excerpt from Measurement of Relative Efficiency of Health Service Organizations With Data Envelopment Analysis: A Simulation

A final distinction is that this paper will deal with measure ment of technical efficiency in contrast to price or allocative efficiency. An organization is technically inefficient if it is possible to increase physical outputs without increasing its inputs, or if it can decrease the inputs without decreasing its outputs Price efficiency - the purchasing of inputs at the lowest price and sale of outputs for the highest price-and allocative efficiency the use of the correct mix of inputs based on the relative prices are of importance but need not and will not be considered concur rently with technical inefficiency. By focusing on the physical inputs and outputs that determine technical efficiency, we can determine if the firm could become more efficient regardless of whether it is efficient with respect to price and allocation considerations.

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Book information

ISBN: 9781332269433
Publisher: Fb&c Ltd
Imprint: Forgotten Books
Pub date:
Number of pages: 70
Weight: 104g
Height: 229mm
Width: 152mm
Spine width: 4mm