Author(s)

Weiwei Wang

Corresponding Author

Weiwei Wang

Abstract

This study analyzes the impact of hospital funding allocation on their financial health, particularly in the context of economic uncertainty and policy changes, and how hospitals respond to these challenges. By collecting financial statements, industry reports and government data from multiple hospitals between 2018 and 2022, quantitative methods such as regression analysis, correlation analysis and variance analysis are used, combined with case studies, to analyze the changes in hospital financial robustness before and after capital structure optimization. The results show that the debt ratio of most hospitals increased slightly after optimizing the capital structure, but the capital adequacy ratio generally increased, reducing dependence on external financing and enhancing financial robustness. Specific data show that among the 50 hospitals, the capital adequacy ratio generally increased, especially for public and large hospitals, indicating that optimizing capital structure is crucial to improving financial robustness and risk resistance. The research conclusion emphasizes that improving capital adequacy ratio, optimizing financing structure and increasing the proportion of own funds are key strategies to improve the financial robustness of hospitals.

Keywords

Capital structure; Financial soundness; Financial risk; Leverage effect