EVALUATION OF TECHNICAL EFFICIENCY IN FINANCIAL DIMENSION OF PRIVATE MEDICAL ENTITIES IN PODKARPACKIE VOIVODSHIP – DEA APPROACH

Abstract

The major aim of this paper is to assess technical efficiency of private medical entities. Technical efficiency refers to the capacity of a medical entity to obtain the maximum output for a particular set of inputs. The article presents results of research study on technical efficiency of 33 medical entities using the Data Envelopment Analysis method (DEA) which allows the use of multiple inputs/outputs without imposing any functional form on data or making assumptions of inefficiency. The research study was carried out in years 2011-2016 on medical entities from Podkarpackie voivodship. The analysis was conducted based on the CCR input-oriented model.