Financial management analysis of Prague’s university teaching hospitals

This paper focuses on how all three university teaching hospitals in the city of Prague are financially managed. The aim is to describe and evaluate financial standings of these hospitals and decide which hospital is best managed from a financial point of view. To evaluate the financial position of the hospitals financial analysis will be used. Based on this analysis strengths and weakness of financial management of these hospitals can be determined. Also the methodological frame work of benchmarking will be used to determine the overall standing of the hospitals