Evaluating Performance of Vietnamese Public Hospitals
Based on Balanced Scorecard
Authors: Cuong Duc PHAM1 , Sen Thi VU2 , Yen Thi Kim PHAM3 , Nam Thi VU4
Journal of Asian Finance, Economics and Business
: Vol 7 No 6 (2020) : 339-
Publishing year: 5/2020
The study evaluates the performance of public hospitals in Vietnam by applying the Balanced Scorecard (BSC). The authors first review
the literature to find the research gap of performance in public hospitals. Then, we built Likert questionnaires to collect data from more
than 200 managers of public hospitals in the Northwestern provinces of Vietnam. The research uses correlation regression to evaluate
the performance based on the influence of factors in the BSC model, including Strategic planning, Internal process, Finance, Mission,
Customer, and Employee learning and growth. The results show that the performance of public hospitals in the research sample is influenced
by the factors in the BSC model in descending order based on the regression coefficient as follows: Internal process, Finance, Mission,
Strategic planning, Customer, Employee learning and growth. Based on the quantitative research findings, we continue by conducting some
deep interviews with specialty to propose intensive recommendations about how to implement Mission, Internal process, Financial policies,
etc. to managers in public hospitals with an aim to improve the performance of public hospitals in the Northwestern mountainous region of
Vietnam. The lessons could be applied for other public hospitals in Vietnam and other jurisdictions that have similar conditions.
Balanced Scorecard, Performance, Public Hospital, Vietnam.